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Govans, Baltimore, MD—21212

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$331,000
2.6% YoY Growth
Household Income
$96,800
24.5% YoY Growth
Days on Market
39
9.0% Longer YoY
Home Price Forecast
0.6%
Median Rent
$1,700
3.9% YoY Growth
1-Bed Rent
$1,080
19.6% YoY Growth
2-Bed Rent
$1,590
5.6% YoY Growth
3-Bed Rent
$1,980
16.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Govans, Baltimore, MD

As of Dec '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 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$331,0002.6%
Single Family $337,0002.4%
Condos $200,0003.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $152,000
    2.0%
    2 Bed
    		$174,0000.0%
    3 Bed
    		$348,0002.4%
    4 Bed
    		$508,0001.8%
    5 Bed $755,0863.0%
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    % of Housing Stock

    Studio
    1.1%
    1 Bedroom
    12.4%
    2 Bedrooms
    16.3%
    3 Bedrooms
    47.3%
    4 Bedrooms
    16.7%
    5+ Bedrooms
    6.2%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    3.1%
    1 Bedroom
    36.3%
    2 Bedrooms
    28.8%
    3 Bedrooms
    24.3%
    4 Bedrooms
    7.3%
    5+ Bedrooms
    0.2%

    Property Listings — Govans, Baltimore, MD

    As of Dec '25, Realtor.com reports that the median days on market for a home in Govans, Baltimore, MD is 36. This is a increase of 11.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$237,000-1.0%
    Listing Count
    		11418.0%
    Listings as % of Homes0.6%18.0%
    Days on Market
    		399.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		33,4000.2%
    % Under 18
    		23.9%-2.0%
    % Seniors
    		16.1%8.8%
    % WFH
    		21.8%275.9%
    % w/ College Degree
    		55.0%4.8%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$331,000
    Median Household Income$96,800

    Govans, Baltimore, MD — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    21210

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    Frequently Asked Questions