Recently Sold Homes in Baltimore, Leaken Park

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Baltimore, MD Real Estate Insights

As the city that sparked the Star-Spangled Banner, Baltimore, Maryland is rich in American history and continues to offer residents and visitors an understanding of some of the city's most colossal contributions. The B&O Railroad Museum serves to show the public the birthplace of the American railroad, including the first commercial and passenger station - all located in Baltimore. Trulia ranks Baltimore a 5 out of 6 tiers for it's arts scene along with outdoors activities, nightlife, restaurants and cafes.

Home prices in Baltimore rose last year, from an average list price of $171,926 to $178,904, or 4.06 percent. For-sale inventory also increased across Baltimore by 7.31 percent, with number of listings increasing from 5,119 in 2014 to 5,493 in 2015. The city of Baltimore consists of 620,961 residents, making it a mid-sized city compared to some of the nation's more bustling metros. But the median income, which sits at $49,310 per year, is still closely matching the national average for many cities of similar size. With home prices relatively low compared to the income level, now might be a good time to invest in Baltimore real estate before property values catch up with what seems to be an accelerating job market.