The story of this market
The typical home in ZIP 21231 sells for about $336,500, or $230 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,796 a month.
ZIP 21231 — Baltimore
The 21231 housing market remains resilient, driven by strong demand from professionals working in the nearby medical and academic hubs. Home values have seen steady appreciation, supported by the area's historic charm and high walkability. Inventory remains tight, keeping the market competitive for buyers.
This ZIP is ideal for young professionals, medical residents, and urban-focused buyers who value historic architecture, walkability, and proximity to the waterfront.
Median prices moved up 2.1% year over year.
Homes spend a median of 35 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 20.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 21231, Baltimore City MD
The area experiences property crime rates typical of urban Baltimore, with localized fluctuations in Fells Point and surrounding neighborhoods.
Public schools in the area are part of Baltimore City Public Schools, with performance ratings generally varying by specific school facility.
The area is subject to urban flood risks and requires standard property insurance coverage for historic rowhome structures.
Development is driven by the revitalization of the waterfront and historic preservation projects, with proximity to Johns Hopkins medical campuses.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
Residents benefit from high walkability and proximity to downtown Baltimore, with easy access to major transit corridors and water taxi services.
The ZIP features extensive waterfront access at Fells Point, proximity to Patterson Park, and a dense concentration of historic dining and retail districts.
The rental market is highly active due to the area's popularity with young professionals and medical staff, maintaining low vacancy pressure.
The economy is anchored by the healthcare and education sectors, specifically the nearby Johns Hopkins University and Hospital systems.
The area is served by Baltimore City transit lines and is highly accessible via major arterial roads and water-based transit.
Development is focused on infill projects and the adaptive reuse of historic industrial buildings into residential and commercial spaces.
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Parcels are subject to Baltimore City municipal taxes and standard utility service districts.
Property insurance premiums are influenced by the age of the housing stock and urban hazard profiles.
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Data retrieved from data.census.gov ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- K1 Speed Jessup4.514.4 mi
- Dave & Buster's Hanover - Arundel411.3 mi
- Sky Zone Trampoline Park4.114.8 mi
- Dave & Buster's4.29 mi
- Urban Air Trampoline and Adventure Park4.39.5 mi
- CFG Bank Arena4.11.4 mi
- M&T Bank Stadium4.71.8 mi
- Merriweather Post Pavilion4.515.5 mi
- Camden Yards4.81.6 mi
- Oriole Park at Camden Yards4.71.6 mi
- National Aquarium4.60.9 mi
- Oriole Park at Camden Yards4.71.6 mi
- The Maryland Zoo in Baltimore4.43.9 mi
- Cinemark Egyptian 24 and XD4.411.3 mi
- Medieval Times Dinner & Tournament4.611.7 mi
- National Aquarium4.60.9 mi
- Fort McHenry National Monument and Historic Shrine4.81.8 mi
- National Cryptologic Museum4.715.4 mi
- Baltimore Museum of Art4.83 mi
- The Walters Art Museum4.81.4 mi
- Fort McHenry National Monument and Historic Shrine4.81.8 mi
- Rocky Point Park and Beach4.310.3 mi
- Patapsco Valley State Park - Avalon Area4.67.7 mi
- Patapsco Valley State Park - Hollofield Area4.610.4 mi
- Kinder Farm Park4.812.9 mi
- Donnelly's Dockside4.317.9 mi
- Sparrows Point Country Club4.56.6 mi
- Port Covington Marina4.71.7 mi
- Anchorage Marina4.50.8 mi
- Dundee Creek Marina4.713.2 mi
- Topgolf Baltimore3.82 mi
- Compass Pointe Golf Course4.211.6 mi
- Diamond Ridge Golf Course4.310.3 mi
- Pine Ridge Golf Course4.310.9 mi
- The Timbers At Troy3.411.2 mi
- Arundel Mills4.411.6 mi
- Towson Town Center4.48 mi
- White Marsh Mall4.39 mi
- H Mart Ellicott City4.512 mi
- Mondawmin Mall3.93.9 mi
- Baltimore/Washington International Thurgood Marshall Airport4.38.7 mi
- The Club BWI3.98.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic waterfront district with dining and shopping.
Large urban park serving the surrounding neighborhoods.
Historic public market hall.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).