Baltimore Highlands, Maryland Real Estate & Housing Market

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Baltimore Highlands Housing Information

Index	Baltimore Highlands	Maryland	National
Median home price	$179,700	$290,400	$184,700
Median rent asked	$1,054	$1,264	$949
Avg. people per household	3.3	2.6	2.6
Owner occupied households	48.6%	66.5%	63.6%
Renter occupied households	51.4%	33.5%	36.4%

A general summary of the real estate market in Baltimore Highlands, MD is listed above. Properties in Baltimore Highlands, MD average a cost of $179,700, which is 38% lower than the median home price for real estate located in Maryland. This means that the region of Baltimore Highlands, MD is, on average, more affordable when compared to the remainder of Maryland. Since tenants living in Baltimore Highlands, MD will pay an average of $1,054, the median rental cost is 17% lower than in Maryland. 48.6% of people in Baltimore Highlands, MD own their own homes, and an average of 3.3 people inhabit each property. Baltimore Highlands, MD has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Baltimore Highlands Home Affordability

When starting your search for real estate in Baltimore Highlands, MD, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Baltimore Highlands, MD costs $179,700 while each household has an average income of $50,740. Consequently, the ratio of home price to household income is 3.5x; this ratio is 7% lower than the average in Maryland. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Baltimore Highlands, MD. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Baltimore Highlands, MD.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Dundalk, MD	62,337	$141,700	23%
Baltimore, MD	621,000	$153,000	17%
Lansdowne, MD	8,365	$156,800	15%
Middle River, MD	26,631	$159,600	14%
Edgewood, MD	26,303	$167,500	9%
Baltimore Highlands, MD	7,546	$179,700	3%

Cities with similar population

City, State	Population	Home Price	National Avg.
Evergreen, MT	7,546	$146,900	20%
Pinehurst, MA	7,546	$363,800	97%
Silvis, IL	7,546	$112,700	39%
Fletcher, NC	7,547	$186,400	1%
Corning, CA	7,548	$155,300	16%
Baltimore Highlands, MD	7,546	$179,700	3%

Source: The Baltimore Highlands, MD housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).