21227 — Baltimore city, Maryland Market Snapshot
Housing market data for zip code 21227 in Baltimore city, Maryland. Updated monthly with median prices, days on market, and more.
Market Sales Data
42 sales in 2026 (year to date)
Median Sale Price
$348,850
Days to Sell
27
Homes Sold
42
Inventory
31
Sale-to-List
99.7%
New Listings
59
Price/SqFt
$230
Pending Sales
49
Conforming Loan Available
Most homebuyers in 21227 can comfortably use conventional financing. The median home price of $348,850 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
Homes in 21227 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 21227 (99.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 21227 can comfortably use conventional financing. The median home price of $348,850 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 21227 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 21227
To purchase the median home at $348,850 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,823.
Monthly Payment
$2,823
Income Required
$120,976
Principal & Interest
$2,150/mo
Down Payment (5%)
$17,443
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 21227.
Estimated Monthly Payment
$2,309
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