The story of this market
The typical home in ZIP 21229 sells for about $199,900, or $145 per square foot.
Prices are down 9.76% from a year ago, which gives buyers more room to negotiate. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,297 a month.
ZIP 21229 — Baltimore
The 21229 housing market is currently experiencing a cooling phase, evidenced by a year-over-year decline in median sale prices and a slight increase in days on market. High interest rates and local economic headwinds are driving a shift toward a buyer's market, with inventory levels remaining stable but demand softening.
This ZIP is primarily suited for budget-conscious family buyers and first-time homeowners seeking proximity to Baltimore's employment core, as well as investors targeting the rental market.
Median prices moved down 9.8% year over year.
Homes spend a median of 40 days on market with 2.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.9% · poverty 19.1% — 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 5.1%/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 4.6%/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 21229, Baltimore City MD
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 21229 area remain a significant concern, with reported incidents consistently higher than the national average and regional benchmarks for Baltimore.
Public schools serving the area generally receive lower performance ratings, with many institutions facing challenges in meeting state proficiency standards.
The area is primarily an urban environment with standard risks for localized flooding during heavy rainfall; property insurance premiums are influenced by regional urban risk factors.
Economic momentum is driven by proximity to major Baltimore employment hubs, including healthcare and education sectors, though new large-scale development within the ZIP is limited.
Property taxes are assessed by Baltimore City, which maintains a higher municipal tax rate compared to surrounding counties, with limited exemptions available for owner-occupants.
Residents benefit from proximity to I-95 and I-695, providing direct access to downtown Baltimore and surrounding employment centers, though public transit reliance is common.
The area features several local parks and community centers, with proximity to the Patapsco Valley State Park providing access to trails and outdoor recreation.
The rental market is characterized by high demand for affordable housing, with steady occupancy rates and a significant presence of small-scale residential investors.
The local economy is anchored by the healthcare, education, and government sectors, with many residents commuting to downtown Baltimore or the BWI corridor.
Development is largely focused on infill residential projects and small-scale commercial renovations.
Parcels are subject to Baltimore City municipal taxes and standard utility service districts.
Property insurance costs are moderate but sensitive to urban fire and theft risk profiles.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Urban Air Trampoline and Adventure Park4.117.1 mi
- K1 Speed Jessup4.510.6 mi
- Dave & Buster's Hanover - Arundel48.6 mi
- Sky Zone Trampoline Park4.110.3 mi
- Dave & Buster's4.213.7 mi
- CFG Bank Arena4.14 mi
- M&T Bank Stadium4.73.8 mi
- Merriweather Post Pavilion4.510.4 mi
- Camden Yards4.83.8 mi
- Oriole Park at Camden Yards4.73.8 mi
- National Aquarium4.64.5 mi
- Oriole Park at Camden Yards4.73.8 mi
- The Maryland Zoo in Baltimore4.43.7 mi
- Cinemark Egyptian 24 and XD4.48.5 mi
- Medieval Times Dinner & Tournament4.69 mi
- National Aquarium4.64.5 mi
- Fort McHenry National Monument and Historic Shrine4.86.1 mi
- National Cryptologic Museum4.712.3 mi
- Baltimore Museum of Art4.85 mi
- The Walters Art Museum4.84.2 mi
- Sparrows Point Country Club4.511.7 mi
- Port Covington Marina4.74.9 mi
- Anchorage Marina4.56 mi
- Dundee Creek Marina4.718.5 mi
- Baltimore Yacht Club4.715.9 mi
- Topgolf Baltimore3.83.7 mi
- Diamond Ridge Golf Course4.35.6 mi
- Waverly Woods Golf Club4.410.8 mi
- The Timbers At Troy3.46.8 mi
- Pine Ridge Golf Course4.312.8 mi
- Arundel Mills4.48.9 mi
- The Mall in Columbia4.410.1 mi
- Towson Town Center4.49.8 mi
- H Mart Ellicott City4.56.6 mi
- Mondawmin Mall3.93.2 mi
- Baltimore/Washington International Thurgood Marshall Airport4.37.3 mi
- The Club BWI3.97.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state park offering extensive hiking trails and river access.
Local retail hub serving the immediate community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.