The story of this market
The typical home in ZIP 21205 sells for about $95,000, or $105 per square foot.
Prices are down 40.6% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,128 a month.
ZIP 21205 — Baltimore
The 21205 housing market is currently experiencing significant downward price pressure, with median home values declining year-over-year. High vacancy rates and a high share of renter-occupied households characterize the area, which remains heavily dependent on the economic stability of the nearby medical and educational anchors. Market activity is limited, reflecting broader challenges in the Baltimore City residential sector.
This ZIP is primarily suited for investors seeking entry-level properties and budget-conscious buyers looking for proximity to major employment hubs in East Baltimore.
Median prices moved down 40.6% year over year.
Homes spend a median of 58 days on market with 6.2 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.2% · poverty 33.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 21205, Baltimore City, MD
The area experiences high rates of violent and property crime compared to national averages, with trends remaining a significant concern for local residents.
Public schools serving this ZIP are generally rated below average, reflecting broader challenges within the Baltimore City Public Schools system.
The area is primarily urban with standard flood and wind risks associated with the Baltimore metropolitan region; insurance premiums are influenced by urban density and regional hazard profiles.
Economic momentum is driven by proximity to major medical and educational anchors in East Baltimore, though residential development remains focused on renovation rather than large-scale new construction.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
Residents have direct access to major transit corridors and highways, providing a relatively short commute to downtown Baltimore and the Johns Hopkins medical campus.
The area features local neighborhood parks and is within reach of the amenities and cultural attractions of downtown Baltimore and the Inner Harbor.
The rental market is characterized by high demand for affordable housing, with a significant portion of the housing stock consisting of rowhouses managed by individual investors.
The economy is heavily anchored by the Johns Hopkins medical and research complex, which serves as the primary driver of employment and economic activity in the area.
The area is served by Baltimore City's public transit network, including bus lines and proximity to major arterial roads leading to the city center.
Development is largely focused on the ongoing revitalization of East Baltimore, with a mix of residential renovation and institutional expansion.
The Baltimore City Department of Assessments performs annual assessments of all real property to determine the taxable base.
Parcels are subject to Baltimore City municipal taxes and various special service districts related to urban infrastructure and public safety.
Property insurance costs are reflective of the urban environment and regional risk factors, with premiums varying based on property age and condition.
Maryland is a judicial foreclosure state, requiring court oversight for the foreclosure process.
Maryland law requires sellers to provide a residential property disclosure statement covering the condition of the property.
Data retrieved from Census Bureau ZCTA profiles.
- K1 Speed Jessup4.516.5 mi
- Dave & Buster's Hanover - Arundel413.4 mi
- Dave & Buster's4.26.9 mi
- Sky Zone Trampoline Park4.117 mi
- Urban Air Trampoline and Adventure Park4.311 mi
- CFG Bank Arena4.13.4 mi
- M&T Bank Stadium4.73.9 mi
- Merriweather Post Pavilion4.517.6 mi
- Camden Yards4.83.7 mi
- Oriole Park at Camden Yards4.73.7 mi
- National Aquarium4.63 mi
- Oriole Park at Camden Yards4.73.7 mi
- The Maryland Zoo in Baltimore4.45.1 mi
- Fort McHenry National Monument and Historic Shrine4.83 mi
- Gunpowder Falls State Park Hammerman Area4.511.9 mi
- National Aquarium4.63 mi
- Fort McHenry National Monument and Historic Shrine4.83 mi
- Baltimore Museum of Art4.83.6 mi
- National Cryptologic Museum4.717.5 mi
- The Walters Art Museum4.83.2 mi
- Sparrows Point Country Club4.55.5 mi
- Port Covington Marina4.73.7 mi
- Anchorage Marina4.52.1 mi
- Locust Point Marine Terminals2.93.3 mi
- Henderson's Wharf Marina4.52.3 mi
- Topgolf Baltimore3.84.1 mi
- Compass Pointe Golf Course4.212 mi
- Pine Ridge Golf Course4.39.8 mi
- Diamond Ridge Golf Course4.311.9 mi
- Rocky Point Golf Course4.38.3 mi
- Towson Town Center4.47.2 mi
- White Marsh Mall4.36.9 mi
- Mondawmin Mall3.95.3 mi
- Lexington Market3.93.6 mi
- Baltimore/Washington International Thurgood Marshall Airport4.310.6 mi
- The Club BWI3.910.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional employer and medical facility located adjacent to the ZIP.
Urban green space serving the local community.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).