Is Baltimore County, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baltimore County is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Baltimore County has remained a Seller's Market.

Key Takeaway

Baltimore County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Baltimore County, MD cost?

Median Sold Price

$315,021

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$20,780(+7.1%)

Key Takeaway

Homes in Baltimore County have sold for 7.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $128K$148.7K
+16.2%
2 $197.4K$225K
+14.0%
3 $269.9K$289K
+7.1%
4 $381.8K$395.1K
+3.5%
5+ $536.4K$580.8K
+8.3%

Median Sold Price Compared To Nearby Counties

Harford County
+8.6%
Carroll County
+8.4%
Baltimore County
+7.1%
Anne Arundel County
+7.1%
Howard County
+5.9%

How many homes are available in Baltimore County, MD?

Number of Homes For Sale

Oct 2022Nov 2022%
2,7812,549-8.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 2319
-17.4%
2 331313
-5.4%
3 1,2531,113
-11.2%
4 812750
-7.6%
5+ 362354
-2.2%

Number of Homes Sold

Oct 2022Nov 2022%
702591-15.8%

Asking Price vs. Sold Price

200 Homes Were Sold
Under Asking

186 Homes Were Sold
At Asking

205 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baltimore County, you could pay more than the asking price. 34.7% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
19 Days21 Days+11.0%

Breakdown of Home Sale Times

466 Homes Were Sold
Under 30 Days

103 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Baltimore County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Baltimore County, MD

Number of homes for sale in Baltimore County, MD real estate market have reached 2,549. Between October 2022 and November 2022, Baltimore County, MD real estate market has seen decrease in the number of listings by 8.3%. The median list price of listings available in November 2022 was $315,021, while the average time on the real estate market was 21 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 16.2% more expensive, the cost of 2 bedrooms properties went up by 14%, prices of 3 bedrooms properties went up by 7.1%, 4 bedrooms properties became 3.5% more expensive, 5 bedrooms properties became 8.3% more expensive. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 17.4%, number of 2 bedrooms homes decreased by 5.4%, volume of 3 bedrooms homes went down by 11.2%, 4 bedrooms homes inventory decreased by 7.6%, the quantity of 5 bedrooms homes went down by 2.2%. Baltimore County, MD housing market in November 2022 saw over 205 listings sold above listed price, more than 186 sold at listed price and over 200 sold below.

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