The housing market in 21223 Baltimore, MD is doing well. According to the data, the median value of a house in the area is $71,800, which is substantially lower than the US median value of $338,100. This makes it an affordable option for many people when looking for a home. In addition, the area has experienced a one-year house appreciation of 8.83%, which is higher than the national average of 8.27%. This indicates that prices are increasing and that homeowners are likely to benefit from their investments as values appreciate over time.
The median home cost in Baltimore (zip 21223) is $71,800. Home appreciation the last 10 years has been 52.0%. Home Appreciation in Baltimore (zip 21223) is up 8.8%.
Average Age of Homes
- The median age of Baltimore (zip 21223) real estate is 78 years old
The Rental Market in Baltimore (zip 21223)
- Renters make up 41.1% of the Baltimore (zip 21223) population
- 3.5% of houses and apartments in Baltimore (zip 21223), 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.