21216 — Baltimore city, Maryland Market Snapshot
Housing market data for zip code 21216 in Baltimore city, Maryland. Updated monthly with median prices, days on market, and more.
Market Sales Data
90 sales in 2026 (year to date)
Median Sale Price
$157,000
Days to Sell
65
Homes Sold
90
Inventory
171
Sale-to-List
101.9%
New Listings
169
Price/SqFt
$99
Pending Sales
119
Conforming Loan Available
Most homebuyers in 21216 can comfortably use conventional financing. The median home price of $157,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 65 days on average, 21216 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 21216 (101.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 21216 can comfortably use conventional financing. The median home price of $157,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 21216 are set at the county level.
2026 Loan Limits — Baltimore city
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $747,500 |
| 2 Units | $1,066,250 | $956,950 |
| 3 Units | $1,288,800 | $1,156,700 |
| 4 Units | $1,601,750 | $1,437,500 |
Affordability Snapshot — Zip 21216
To purchase the median home at $157,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,353.
Monthly Payment
$1,353
Income Required
$57,981
Principal & Interest
$967/mo
Down Payment (5%)
$7,850
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 21216.
Estimated Monthly Payment
$1,122
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