Lauraville, Baltimore, MD—21214
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lauraville, Baltimore, MD
As of Oct '25, the median home price in Lauraville, Baltimore, MD is $248,000, with a year-over-year change of 1.9%. This indicates that home prices in Lauraville, 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 | $248,000 | 1.9% |
| Single Family | $249,000 | 2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $206,000 | -0.5% |
3 Bed | $264,000 | 2.3% |
4 Bed | $309,000 | 2.3% |
| 5 Bed | $340,000 | 2.7% |
% of Housing Stock
Rental Trends — Lauraville, Baltimore, MD
As of July '25, Rentcast reports the average rent in Lauraville, Baltimore, MD is $1,620, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Lauraville, Baltimore, MD is studios: $900, 1-bedrooms: $1,040, 2-bedrooms: $1,450, 3-bedrooms: $2,180, 4-bedrooms: $2,390. The most common rental property sizes in Lauraville, Baltimore, MD are 1-bedroom and 2-bedroom, accounting for 37.9% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,620 |
| Studio Rent | $700 | $900 |
| 1 Bed Rent | $900 | $1,040 |
| 2 Bed Rent | $1,400 | $1,450 |
| 3 Bed Rent | $2,100 | $2,180 |
| 4 Bed Rent | $2,200 | $2,390 |
% of Rental Stock
Property Listings — Lauraville, Baltimore, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Lauraville, Baltimore, MD is 31. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $314,000 | 5.0% |
Listing Count | 80 | -2.0% |
| Listings as % of Homes | 0.7% | -2.0% |
Days on Market | 31 | -17.0% |
Demographics — Lauraville, Baltimore, MD
As of the latest ACS Survey released in 2023, Lauraville, Baltimore, MD has a population of 21,300, which has remained stable by 0.6% over the past 5 years. Lauraville, Baltimore, MD is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 42.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,300 | 0.6% |
% Under 18 | 21.2% | -1.4% |
% Seniors | 16.2% | 22.7% |
% WFH | 17.7% | 276.6% |
% w/ College Degree | 42.2% | 20.6% |
As of the latest ACS Survey released in 2023, Lauraville, Baltimore, MD is a predominantly black area, with 57.9% of the population identifying as black. The black population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Lauraville, Baltimore, MD is white, making up 33.3% of the population. Foreign-born residents account for 7.0% of the population in Lauraville, Baltimore, MD, and this percentage has increased by 59.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 33.3% | -11.2% |
% Black | 57.9% | 2.3% |
% Hispanic | 3.3% | 17.9% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 7.0% | 59.1% |
Mortgage and Risk — Lauraville, Baltimore, MD
According to HUD data as of 2023, there were 347 mortgage originations in Lauraville, Baltimore, MD, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Lauraville, Baltimore, MD. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 347 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Lauraville, Baltimore, MD
As of 2024, the percent of homes in Lauraville, Baltimore, MD under the Section 8 program is 11.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lauraville, 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 | 303 |
Total Units Section 8 | 203 |
% Rentals under Section 8 | 11.4% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $900 | $1,430 |
| 2 Bedroom | $350 | $1,400 | $1,750 |
| 3 Bedroom | $170 | $2,100 | $2,270 |
| 4 Bedroom | $370 | $2,200 | $2,570 |
Affordability — Lauraville, Baltimore, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $248,000 |
| Median Household Income | $82,100 |