Walbrook, Baltimore, MD—21216
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walbrook, Baltimore, MD
As of Oct '25, the median home price in Walbrook, Baltimore, MD is $111,000, with a year-over-year change of -5.5%. This indicates that home prices in Walbrook, Baltimore, MD are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $111,000 | -5.5% |
| Single Family | $111,000 | -5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $94,000 | -4.1% |
3 Bed | $115,000 | -5.0% |
4 Bed | $190,000 | 0.5% |
| 5 Bed | $295,000 | -1.0% |
% of Housing Stock
Rental Trends — Walbrook, Baltimore, MD
As of July '25, Rentcast reports the average rent in Walbrook, Baltimore, MD is $1,380, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in Walbrook, Baltimore, MD is studios: $625, 1-bedrooms: $947, 2-bedrooms: $1,230, 3-bedrooms: $1,640, 4-bedrooms: $1,880. The most common rental property sizes in Walbrook, Baltimore, MD are 1-bedroom and 3-bedroom, accounting for 30.9% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,380 |
| Studio Rent | $600 | $625 |
| 1 Bed Rent | $940 | $947 |
| 2 Bed Rent | $1,220 | $1,230 |
| 3 Bed Rent | $1,550 | $1,640 |
| 4 Bed Rent | $1,850 | $1,880 |
% of Rental Stock
Property Listings — Walbrook, Baltimore, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Walbrook, Baltimore, MD is 50. This is a decrease of -4.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $179,000 | 2.0% |
Listing Count | 221 | 6.0% |
| Listings as % of Homes | 1.2% | 6.0% |
Days on Market | 50 | -4.0% |
Demographics — Walbrook, Baltimore, MD
As of the latest ACS Survey released in 2023, Walbrook, Baltimore, MD has a population of 27,300, which has decreased by -13.1% over the past 5 years. Walbrook, Baltimore, MD is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 16.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,300 | -13.1% |
% Under 18 | 22.2% | 6.2% |
% Seniors | 16.8% | 20.9% |
% WFH | 11.2% | 154.5% |
% w/ College Degree | 16.3% | 9.4% |
As of the latest ACS Survey released in 2023, Walbrook, Baltimore, MD is a predominantly black area, with 91.1% of the population identifying as black. The black population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Walbrook, Baltimore, MD is hispanic, making up 4.1% of the population. Foreign-born residents account for 2.7% of the population in Walbrook, Baltimore, MD, and this percentage has decreased by 18.2% 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 | 2.2% | 37.5% |
% Black | 91.1% | -4.2% |
% Hispanic | 4.1% | 355.6% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 2.7% | -18.2% |
Mortgage and Risk — Walbrook, Baltimore, MD
According to HUD data as of 2023, there were 356 mortgage originations in Walbrook, Baltimore, MD, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Walbrook, Baltimore, MD. Investor activity is low, as 7.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 356 |
% Conventional Loans | 46.0% |
% Government Loans | 54.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Walbrook, Baltimore, MD
As of 2024, the percent of homes in Walbrook, Baltimore, MD under the Section 8 program is 23.6%. 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 Walbrook, 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 | 1,605 |
Total Units Section 8 | 1,540 |
% Rentals under Section 8 | 23.6% |
% Occupied Section 8 | 85.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $490 | $940 | $1,430 |
| 2 Bedroom | $530 | $1,220 | $1,750 |
| 3 Bedroom | $720 | $1,550 | $2,270 |
| 4 Bedroom | $720 | $1,850 | $2,570 |
Affordability — Walbrook, Baltimore, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $111,000 |
| Median Household Income | $46,400 |