Local Market0 views · 2 answers
How competitive is the Baltimore-Columbia-Towson housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 61/100
- YoY Good Chance of Selling
- Pending ratio
- 0.66
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 33
- YoY days on market
- Price cuts
- 38.4%
- YoY of active listings
Baltimore-Columbia-Towson is competitive as of May 2026, with a Sold Score of 61/100 (Good Chance of Selling).
**Pending ratio** is 0.66 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +13.3% — more choices for buyers than a year ago.
**Median days on market** is 33. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 38.4% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 61/100 (Good Chance of Selling) · Pending ratio: 0.66 · Inventory YoY: +13.3% · Median days on market: 33 · Sellers cutting price: 38.4% · Median listing price: $384,750 (-3.8% YoY)
Baltimore-Columbia-Towson snapshot
As of the latest 2026 data- Median listing
- $385K
- YoY -0.0%
- Active inventory
- 6,970
- YoY +0.2%
- Median DOM
- 36
- YoY +0.1%
- Pending ratio
- 0.62
- YoY -0.1%
- Price-reduced
- 17.6%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The Baltimore-Columbia-Towson housing market is easing up, with more homes available and prices dipping slightly. It's becoming less of a race to buy a home right now.
The median listing price in the area is currently $384,750. This is a bit lower than last month, down 1.3%, and also down 3.8% compared to this time last year.
There are more homes on the market, with 6,970 active listings, which is 15.1% more than last year. New listings are up too, with 4,128 homes recently added, an 8.6% increase from last year. This means more choices for potential buyers.
Homes are also staying on the market longer, with a median of 36 days. That's about 11% longer than this time last year, giving buyers more time to make decisions. Fewer homes are going under contract quickly, with the pending ratio down by 10.1% from last year, meaning fewer homes are being snatched up right away.
Around 17.6% of homes have had their prices reduced, which is similar to last year. This suggests that some sellers are adjusting their expectations to attract buyers. If you are looking to buy, you may have more negotiating power and a better selection of homes right-priced homes.