Fells Point, Baltimore, MD—21231

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$299,000

2.7% YoY Growth

Household Income

$85,400

19.1% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

-1.2%

Median Rent

$2,050

12.1% YoY Growth

1-Bed Rent

$1,500

21.9% YoY Growth

2-Bed Rent

$1,980

14.9% YoY Growth

3-Bed Rent

$2,500

1.9% YoY Growth

Home Price Trends — Fells Point, Baltimore, MD

As of May '26, the median home price in Fells Point, Baltimore, MD is $299,000, with a year-over-year change of -2.7%. This indicates that home prices in Fells Point, Baltimore, MD are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$299,000	-2.7%
Single Family	$296,000	-3.6%
Condos	$323,000	-3.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$2,050	$2,180
Studio Rent	$1,300	$1,450
1 Bed Rent	$1,500	$1,780
2 Bed Rent	$1,980	$2,230
3 Bed Rent	$2,500	$2,730
4 Bed Rent	$3,200	$3,080

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$350,000	2.0%
Listing Count	102	-4.0%
Listings as % of Homes	0.7%	-4.0%
Days on Market	42	-2.0%

Metric	Latest Census	YoY % Change
Population	14,600	-9.9%
% Under 18	14.4%	-8.3%
% Seniors	8.2%	0.0%
% WFH	24.8%	327.6%
% w/ College Degree	65.9%	6.8%

Metric	Latest Census	5-Year % Change
% White	52.9%	0.6%
% Black	29.5%	-0.7%
% Hispanic	8.6%	-5.5%
% Asian	5.0%	-9.1%
% Foreign Born	10.1%	-15.8%

Metric	Zip Code Average
Total Loan Originations	259
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	10.0%
% Second Loans	3.0%
% Cash Out Refinance	6.0%

Fells Point, Baltimore, MD—21231

Key Metrics at a Glance

Home Price Trends — Fells Point, Baltimore, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fells Point, Baltimore, MD

% of Rental Stock

Property Listings — Fells Point, Baltimore, MD

Demographics — Fells Point, Baltimore, MD

Race and Ethnicity

Mortgage and Risk — Fells Point, Baltimore, MD

Mortgages

Rentals and Section 8 — Fells Point, Baltimore, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Fells Point, Baltimore, MD

Home Price to Income Ratio

Fells Point, Baltimore, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Inner Harbor, Baltimore, MD

Berea, Baltimore, MD

Mount Vernon, Baltimore, MD

Middle East, Baltimore, MD

Locust Point, Baltimore, MD

Frequently Asked Questions

Total Units under HUD	929
Total Units Section 8	494
% Rentals under Section 8	9.5%
% Occupied Section 8	91.9%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$420	$1,500	$1,920
2 Bedroom	$370	$1,980	$2,350
3 Bedroom	$520	$2,500	$3,020
4 Bedroom	$180	$3,200	$3,380

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$299,000
Median Household Income	$85,400

Fells Point, Baltimore, MD—21231

Key Metrics at a Glance

Home Price Trends — Fells Point, Baltimore, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fells Point, Baltimore, MD

% of Rental Stock

Property Listings — Fells Point, Baltimore, MD

Demographics — Fells Point, Baltimore, MD

Race and Ethnicity

Mortgage and Risk — Fells Point, Baltimore, MD

Mortgages

Rentals and Section 8 — Fells Point, Baltimore, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Fells Point, Baltimore, MD

Home Price to Income Ratio

Fells Point, Baltimore, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Inner Harbor, Baltimore, MD

Berea, Baltimore, MD

Mount Vernon, Baltimore, MD

Middle East, Baltimore, MD

Locust Point, Baltimore, MD

Frequently Asked Questions

What is the average home price in Fells Point, Baltimore, MD 21231?

How have home prices in Fells Point, Baltimore, MD 21231 changed over the past year?

What is the home price projection for Fells Point, Baltimore, MD 21231?

What are the demographics of Fells Point, Baltimore, MD 21231?

How long does it take homes to sell in Fells Point, Baltimore, MD 21231?

What is the average rent price in Fells Point, Baltimore, MD 21231?