The housing market in 21216 Baltimore, MD is currently showing a median value of $110,000. This is significantly lower than the US median value of $338,100, but still shows an 8.83% appreciation over the past year. This appreciation rate is higher than the US average of 8.27%. The 21216 area appears to be a good place to invest in housing due to its quickly appreciating values and low entry costs.
The median home cost in Baltimore (zip 21216) is $110,000. Home appreciation the last 10 years has been 52.0%. Home Appreciation in Baltimore (zip 21216) is up 8.8%.
Average Age of Homes
- The median age of Baltimore (zip 21216) real estate is 78 years old
The Rental Market in Baltimore (zip 21216)
- Renters make up 31.0% of the Baltimore (zip 21216) population
- 1.4% of houses and apartments in Baltimore (zip 21216), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.