The Baltimore-Columbia market right now

Median sale price$435,000+6.1% on a year earlier
Typical home value (Zillow)$400,263+0.6% on a year earlier
Median days on market28+3 days on a year earlier
Sale price vs list price100.1%43% sold above list
Months of supply2.6under 3 favors sellers, over 6 favors buyers
Homes sold in the month2,943-9% on a year earlier
Listings with a price cut31%

Sales figures: Redfin Data Center, market tracker (Redfin, a national real estate brokerage), Baltimore, MD metro area, May 2026, all residential property types. Typical value: Zillow Home Value Index (ZHVI), Zillow Research, August 2026, mid-tier homes, seasonally adjusted. These are area-wide figures, not a value for any one home.

With about 2.6 months of supply, this is a market that leans toward sellers by the usual rule of thumb, and homes sold at or above their list price on average.

Median sale price in the Baltimore-Columbia area, by month
$350K$375K$400K$425K$450KMay 2024May 2025May 2026
Show the numbers
MonthMedian sale price
May 2026$435,000
Apr 2026$395,000
Mar 2026$399,000
Feb 2026$380,000
Jan 2026$374,900
Dec 2025$397,000
Nov 2025$397,200
Oct 2025$402,058
Sep 2025$399,995
Aug 2025$415,000
Jul 2025$415,000
Jun 2025$419,450
May 2025$410,000
Apr 2025$395,000
Mar 2025$375,000
Feb 2025$365,500
Jan 2025$360,000
Dec 2024$385,000
Nov 2024$395,000
Oct 2024$390,000
Sep 2024$397,750
Aug 2024$390,000
Jul 2024$400,000
Jun 2024$410,000
May 2024$395,000

Source: Redfin Data Center, Baltimore, MD metro area. Monthly figures, not seasonally adjusted, so some ups and downs are just the time of year.

What the metro area covers

The Census Bureau counts about 2,859,024 people in the Baltimore-Columbia-Towson, MD metro area, across 7 counties. Property taxes, recording fees and some transfer taxes are set county by county, so check the county your home is in.

CountyPopulation (2024 estimate)
Baltimore County, MD852,425
Anne Arundel County, MD602,350
Baltimore city, MD568,271
Howard County, MD339,668
Harford County, MD265,514
Carroll County, MD177,108
Queen Anne's County, MD53,688

Towns with the most ZIP codes in the area: Baltimore, Annapolis, Towson, Glen Burnie, Ellicott City, Columbia, Laurel, Pasadena, Hunt Valley, Lutherville Timonium, Pikesville, Westminster.

Population and counties: U.S. Census Bureau, Vintage 2024 population estimates and 2023 metro delineations.

Maryland rules that affect sellers

Transfer tax

Maryland's state transfer tax is 0.5% of the consideration. When a home is sold to a first-time Maryland home buyer who will live in it, the rate drops to 0.25% and the law requires the seller to pay all of it. Otherwise the state tax is customarily split between buyer and seller, and counties add their own transfer and recordation taxes.

Local add-ons: Counties (and Baltimore City) levy their own transfer taxes plus a recordation tax, at rates that vary by county. Montgomery County's transfer tax, for example, is 1%.

Source: Maryland Code, Tax-Property section 13-203 (Maryland General Assembly)

Seller disclosure

Yes. Under Real Property section 10-702, a seller of a one to four unit residential property must give the buyer either a Residential Property Disclosure Statement or a Residential Property Disclaimer Statement (selling "as is"). Even when selling as is, the seller must disclose latent defects the seller actually knows about that a careful visual inspection would not reveal and that threaten health or safety.

Source: Maryland Residential Property Disclosure and Disclaimer Statement (Maryland Department of Labor)

Who handles the closing

Maryland closings, called settlements, are conducted by a settlement agent, usually a title company and sometimes an attorney. Consumers have the right to choose their own settlement agent and title insurer.

Source: Maryland Real Estate Commission, The Title Insurance Consumer's Bill of Rights

Also worth knowing

Maryland sellers typically face three layers of tax at settlement: the state transfer tax, a county transfer tax, and a recordation tax. In Montgomery County, for example, all three are customarily split 50/50 between buyer and seller.

Source: Federal Title & Escrow, Closing costs in Montgomery County, Maryland

Also worth knowing

When a nonresident sells Maryland property, the deed cannot be recorded without an income tax withholding payment: 8.75% of the total payment for nonresident individuals and 8.25% for nonresident entities, for sales after June 30, 2025.

Source: Comptroller of Maryland, Tax Alert: Rate Change to Withholding on Sale of Real Property by a Nonresident

Checking an agent's license

Real estate agents in Maryland are licensed by the Maryland Real Estate Commission. You can look up any agent before you work with them.

Maryland Real Estate Commission license lookup

Rules checked 2026-09-30. They change, and local practice varies: confirm with your title company, closing attorney or agent before relying on them. This is general information, not legal or tax advice.

Other metro areas in Maryland