Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$396,959+0.4% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$86,053About 0.8× the local median income ($102,859): affordable for a typical household
Days on market46 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.6%Zillow expects prices to rise slightly
The typical home in Baltimore-Columbia-Towson, MD is worth $396,959, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $415,691, so the area is 4.5% undervalued. It is a buyer's market: homes take about 46 days to sell, listings are up 20% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 0.6% over the next year. A household needs about $86,053 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $102,859. Typical rent is $1,937 a month, or $2,504 for a house. In the latest IRS figures, 8,666 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$396,959
Change in 1 year
+0.4%
Overvalued %
−4.5%
Show 7 more
Fair home value
$415,691
Change in 5 years
+15.3%
Zillow forecast, next 12 months
+0.6%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$2,151
Income needed to afford it
$86,053
Property tax rate
1.00%
Rent and investing
Typical rent
$1,937
Typical rent for houses
$2,504
Price-to-rent ratio
17.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,006
Gross rental yield
5.86%
Cap rate (estimate)
3.81%
Market activity
Listings vs a year ago
+19.7%
Days on market
46
Listings with a price cut
22.1%
Show 3 more
Homes for sale
8,092
Pending sales per 100 listings
38
Asking price per sq ft
$213
People and jobs
Median household income
$102,859
Population change (1 year)
+0.1%
Unemployment rate
4.6%
Show 4 more
Population
2,857,781
Income adjusted for cost of living
$98,430
Net moves in (IRS)
−8,666
Cost of living (US = 100)
104.5
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
83.8
Unhealthy air days a year
2
Show 4 more
Flood risk score
85.7
Wildfire risk score
29.7
Walkability (1 to 20)
10.5
Road, rail and air noise
54 dB
Questions people ask
Is Baltimore-Columbia-Towson, MD overvalued?
Home prices in Baltimore-Columbia-Towson, MD are slightly below what local incomes have historically supported: fair value is about $415,691, so the area is 4.5% undervalued.
Is Baltimore-Columbia-Towson, MD a buyer's or seller's market?
Baltimore-Columbia-Towson, MD is a buyer's market: homes take about 46 days to sell, listings are up 20% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Baltimore-Columbia-Towson, MD?
Home values in Baltimore-Columbia-Towson, MD are up 0.4% over the last year. Zillow's forecast for the next 12 months is +0.6%.
How much do you need to earn to buy a home in Baltimore-Columbia-Towson, MD?
A household needs about $86,053 a year to afford the typical home in Baltimore-Columbia-Towson, MD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $102,859.