Market Update
Greater Baltimore Area
Q3 2026
Residential Property Snapshot
Single Family Homes & Condos | Q3 2026
Med. Sales Price
$499k
6% more than in
Q3 2025
Q3 2025
Avg. Days On Market
31
3% more than in
Q3 2025
Q3 2025
Closed Sales
6,092
3% fewer than in
Q3 2025
Q3 2025
Inventory
4,888
13% more than in
Q3 2025
Q3 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q3 '22 | $425k | $505k | 7278 |
| Q3 '23 | $450k | $538k | 5781 |
| Q3 '24 | $460k | $548k | 5926 |
| Q3 '25 | $470k | $572k | 6272 |
| Q3 '26 | $499k | $667k | 6092 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 50.3% |
|---|---|
| Q3 '26 | 3062 |
| Q3 '25 | 3356 |
| 1YR CHANGE | -9% |
| Closed $500k - $1m | 40.3% |
| Q3 '26 | 2458 |
| Q3 '25 | 2422 |
| 1YR CHANGE | +1% |
| Closed $1m - $1.5m | 6.1% |
| Q3 '26 | 369 |
| Q3 '25 | 339 |
| 1YR CHANGE | +9% |
| Closed Over $1.5m | 3.3% |
| Q3 '26 | 203 |
| Q3 '25 | 155 |
| 1YR CHANGE | +31% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q3 '22 | 19 | $425k |
| Q3 '23 | 21 | $450k |
| Q3 '24 | 24 | $460k |
| Q3 '25 | 30 | $470k |
| Q3 '26 | 31 | $499k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q3 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
13%
New Listings
New Listings represents the number of properties listed during the quarter.
2%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
19%
Closed Sales
-3%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
3%
Annapolis
Median
$750k
DOM
31
Sales
106
Inv
113
Baltimore City
Median
$327k
DOM
40
Sales
424
Inv
574
Bel Air
Median
$380k
DOM
49
Sales
23
Inv
32
Canton
Median
$465k
DOM
25
Sales
2
Inv
11
Catonsville
Median
$500k
DOM
17
Sales
79
Inv
39
Charles Village
Median
$350k
DOM
19
Sales
2
Inv
9
Clarksville
Median
$1.27m
DOM
35
Sales
22
Inv
16
Cockeysville
Median
$550k
DOM
29
Sales
21
Inv
22
Columbia
Median
$592k
DOM
22
Sales
219
Inv
119
Ellicott City
Median
$800k
DOM
15
Sales
188
Inv
62
Federal Hill
Median
$165k
DOM
62
Sales
5
Inv
3
Fells Point
Median
$315k
DOM
16
Sales
5
Inv
14
Glen Arm
Median
$490k
DOM
18
Sales
7
Inv
10
Green Spring Valley
Median
$1.72m
DOM
0
Sales
1
Inv
2
Guilford
Median
$923k
DOM
41
Sales
8
Inv
2
Hampden
Median
$348k
DOM
19
Sales
4
Inv
1
Hampstead
Median
$398k
DOM
29
Sales
16
Inv
15
Locust Point
Median
$445k
DOM
80
Sales
4
Inv
7
Lutherville-Timonium
Median
$542k
DOM
25
Sales
65
Inv
39
Mays Chapel
Median
$631k
DOM
28
Sales
28
Inv
13
Middle River
Median
$302k
DOM
41
Sales
24
Inv
21
Monkton
Median
$575k
DOM
23
Sales
11
Inv
12
Mount Washington
Median
$545k
DOM
16
Sales
15
Inv
5
Owings Mills
Median
$320k
DOM
29
Sales
30
Inv
45
Phoenix
Median
$885k
DOM
35
Sales
2
Inv
1
Pikesville
Median
$460k
DOM
34
Sales
89
Inv
72
Reisterstown
Median
$385k
DOM
24
Sales
55
Inv
37
Roland Park
Median
$973k
DOM
30
Sales
6
Inv
4
Ruxton
Median
$1.86m
DOM
16
Sales
10
Inv
15
Severna Park
Median
$794k
DOM
21
Sales
110
Inv
66
Sparks
Median
$642k
DOM
20
Sales
16
Inv
10
Towson
Median
$553k
DOM
33
Sales
106
Inv
80
Westminster
Median
$460k
DOM
25
Sales
40
Inv
33
White Marsh
Median
$468k
DOM
23
Sales
24
Inv
11