Market Intelligence Report — MD-580

Baltimore-Columbia-Towson, MD

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MD-08
As of the latest 2026 data
Stabilizing

Median Listing

$375K
-5.5% YoY

Pending Ratio

0.49
-13.4% YoY

Active Inventory

7,448
+19.2% YoY

Median DOM

44 Days
+12.8% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing Baltimore-Columbia-Towson market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Baltimore-Columbia-Towson, MD.

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The Baltimore-Columbia-Towson metro is currently in a Stabilizing condition, characterized by a pending ratio of 0.49. Active listings have expanded by 19.2% over the past year, indicating an increase in available supply relative to demand.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.2%-0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

2.86M+0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

439+1.7% YoY

Building permits (private housing units) · Jul 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Baltimore-Columbia-Towson market right now.

The market is exhibiting a trend of softening demand relative to supply. Active listings have shown a significant year-over-year increase of 19.2%, while new listings grew only marginally by 0.7% over the same period. The median listing price has declined by 5.5% year-over-year, alongside a 3.2% decrease in median price per square foot, reflecting broader price adjustments. The pending ratio has contracted by 13.4% year-over-year, indicating a slower absorption rate of available inventory.

Historical Analysis

Market Trends

Median Price

$375K-0.8% MoM

Active Inventory

7,448+19.2% YoY

Days on Market

44+12.8% YoY

Sold Score™

57-13.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

57
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With the pending ratio at 0.49 and active listings increasing, the market pace is moderating. This environment suggests a reduced sense of urgency for purchasers, potentially allowing for more deliberate decision-making. The expansion of inventory places greater pressure on pricing discipline for available properties.

Luxury Segment

The average listing price has declined by 7.7% over the past year, a larger contraction than the 5.5% decline in the median listing price. This widening spread, alongside a 3.2% year-over-year decrease in median price per square foot, suggests some softening at the higher price tiers of the market.

Supply Dynamics

7,448 active listings represent the current floor, with new supply arriving at roughly 3,476 per month.

Pricing Pressure
20.3%

of active listings carry a price reduction, +1.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -3.2% year-over-year.

Absorption
0.49

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Baltimore-Columbia-Towson, MD? Homes here are taking 5 days longer to sell than last year.

Baltimore-Columbia-Towson, MD is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
49%
Median Days on Market
44 days
Inventory YoY
+19%

Baltimore-Columbia-Towson, MD is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Baltimore-Columbia-Towson, MD
CBSA Code
12580
State
MD

ZIPs in Baltimore-Columbia-Towson, MD

Sorted by active inventory · click a ZIP for its full report