Welcome to our 21224 real estate data hub, tailored for investors in Baltimore, MD. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 21224 in Baltimore, MD. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BALTIMORE CITY.
Leverage our comprehensive, zip code-specific data to excel in Baltimore, MD real estate investing. Uncover the wealth of information available, and position yourself for success in the Baltimore property market.
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Location Overview
- Zip Code: 21224
- City: Baltimore
- State: MD
- Metro Area: Baltimore-Columbia-Towson, MD
- County Name: BALTIMORE CITY
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Real Estate Market Snapshot
- Average Home Price (All Types): $218,869
- Average Home Price (Single Family Homes): $216,255
- Average Monthly Rental Price (All Types): $1,982
- Price-to-Rent Ratio: 9
- Zillow Projected % appreciation from 4/2023-4/2024: -1.8%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,740
- Average 3 Bedroom Section 8 Rental Rates: $2,260
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 10.48
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 8.07
- Number of Units Offered in Section 8 in the County: 11002
- Number of Occupied Units in Section 8 in the County: 10230
- Percentage of Section 8 Units Occupied in the County: 93%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 240.66
- Total % Appreciation since 2000 (Government Data): 127.65
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.51%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.41%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.77%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 25.99%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 84.39%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.2%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 142.19%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.73%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.35%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 19.32%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 24.87%