Govans, Baltimore, MD—21212
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Govans, Baltimore, MD
As of Oct '25, the median home price in Govans, Baltimore, MD is $331,000, with a year-over-year change of 2.6%. This indicates that home prices in Govans, Baltimore, MD are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $331,000 | 2.6% |
| Single Family | $337,000 | 2.7% |
| Condos | $202,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $151,000 | 2.0% |
2 Bed | $173,000 | 0.6% |
3 Bed | $351,000 | 2.9% |
4 Bed | $511,000 | 1.8% |
| 5 Bed | $752,000 | 3.0% |
% of Housing Stock
Rental Trends — Govans, Baltimore, MD
As of July '25, Rentcast reports the average rent in Govans, Baltimore, MD is $1,880, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Govans, Baltimore, MD is studios: $749, 1-bedrooms: $1,110, 2-bedrooms: $1,530, 3-bedrooms: $2,350, 4-bedrooms: $2,370. The most common rental property sizes in Govans, Baltimore, MD are 1-bedroom and 2-bedroom, accounting for 36.3% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,880 |
| Studio Rent | $700 | $749 |
| 1 Bed Rent | $1,080 | $1,110 |
| 2 Bed Rent | $1,590 | $1,530 |
| 3 Bed Rent | $1,980 | $2,350 |
| 4 Bed Rent | $2,350 | $2,370 |
% of Rental Stock
Property Listings — Govans, Baltimore, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Govans, Baltimore, MD is 34. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $309,000 | 12.0% |
Listing Count | 121 | 24.0% |
| Listings as % of Homes | 0.6% | 24.0% |
Days on Market | 34 | 7.0% |
Demographics — Govans, Baltimore, MD
As of the latest ACS Survey released in 2023, Govans, Baltimore, MD has a population of 33,400, which has remained stable by 0.2% over the past 5 years. Govans, Baltimore, MD is a moderately popular place for families, as children make up 23.9% of the population. The area has a highly educated workforce, with 55.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,400 | 0.2% |
% Under 18 | 23.9% | -2.0% |
% Seniors | 16.1% | 8.8% |
% WFH | 21.8% | 275.9% |
% w/ College Degree | 55.0% | 4.8% |
As of the latest ACS Survey released in 2023, Govans, Baltimore, MD is a predominantly white area, with 48.6% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Govans, Baltimore, MD is black, making up 34.9% of the population. Foreign-born residents account for 8.5% of the population in Govans, Baltimore, MD, and this percentage has decreased by 14.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 48.6% | -1.6% |
% Black | 34.9% | -14.3% |
% Hispanic | 7.4% | 85.0% |
% Asian | 3.8% | -13.6% |
% Foreign Born | 8.5% | -14.1% |
Mortgage and Risk — Govans, Baltimore, MD
According to HUD data as of 2023, there were 572 mortgage originations in Govans, Baltimore, MD, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Govans, Baltimore, MD. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 572 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Govans, Baltimore, MD
As of 2024, the percent of homes in Govans, Baltimore, MD under the Section 8 program is 26.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Govans, Baltimore, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,273 |
Total Units Section 8 | 1,082 |
% Rentals under Section 8 | 26.7% |
% Occupied Section 8 | 89.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $1,080 | $1,490 |
| 2 Bedroom | $240 | $1,590 | $1,830 |
| 3 Bedroom | $380 | $1,980 | $2,360 |
| 4 Bedroom | $280 | $2,350 | $2,630 |
Affordability — Govans, Baltimore, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $331,000 |
| Median Household Income | $96,800 |