Sandtown-Winchester, Baltimore, MD—21217
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sandtown-Winchester, Baltimore, MD
As of Oct '25, the median home price in Sandtown-Winchester, Baltimore, MD is $91,000, with a year-over-year change of -4.2%. This indicates that home prices in Sandtown-Winchester, 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 | $91,000 | -4.2% |
| Single Family | $90,000 | -3.2% |
| Condos | $117,000 | -4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $126,000 | 12.5% |
2 Bed | $98,000 | 3.2% |
3 Bed | $84,000 | -1.2% |
4 Bed | $182,000 | 1.1% |
| 5 Bed | $290,000 | 2.1% |
% of Housing Stock
Rental Trends — Sandtown-Winchester, Baltimore, MD
As of July '25, Rentcast reports the average rent in Sandtown-Winchester, Baltimore, MD is $1,480, with a year-over-year rent change of -6.9%. Per bedroom, the median rent as of July '25 in Sandtown-Winchester, Baltimore, MD is studios: $1,050, 1-bedrooms: $1,140, 2-bedrooms: $1,470, 3-bedrooms: $1,740, 4-bedrooms: $2,370. The most common rental property sizes in Sandtown-Winchester, Baltimore, MD are 1-bedroom and 2-bedroom, accounting for 38.7% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,480 |
| Studio Rent | $1,010 | $1,050 |
| 1 Bed Rent | $1,120 | $1,140 |
| 2 Bed Rent | $1,480 | $1,470 |
| 3 Bed Rent | $1,700 | $1,740 |
| 4 Bed Rent | $2,300 | $2,370 |
% of Rental Stock
Property Listings — Sandtown-Winchester, Baltimore, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Sandtown-Winchester, Baltimore, MD is 62. This is a decrease of -9.0% 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 | $161,000 | 15.0% |
Listing Count | 229 | 4.0% |
| Listings as % of Homes | 1.0% | 4.0% |
Days on Market | 62 | -9.0% |
Demographics — Sandtown-Winchester, Baltimore, MD
As of the latest ACS Survey released in 2023, Sandtown-Winchester, Baltimore, MD has a population of 31,100, which has decreased by -9.7% over the past 5 years. Sandtown-Winchester, Baltimore, MD is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,100 | -9.7% |
% Under 18 | 18.8% | -21.3% |
% Seniors | 17.2% | 18.6% |
% WFH | 14.2% | 358.1% |
% w/ College Degree | 22.3% | 8.3% |
As of the latest ACS Survey released in 2023, Sandtown-Winchester, Baltimore, MD is a predominantly black area, with 81.2% of the population identifying as black. The black population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Sandtown-Winchester, Baltimore, MD is white, making up 12.3% of the population. Foreign-born residents account for 4.5% of the population in Sandtown-Winchester, Baltimore, MD, and this percentage has increased by 9.8% 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 | 12.3% | 24.2% |
% Black | 81.2% | -4.9% |
% Hispanic | 2.0% | 25.0% |
% Asian | 1.9% | 58.3% |
% Foreign Born | 4.5% | 9.8% |
Mortgage and Risk — Sandtown-Winchester, Baltimore, MD
According to HUD data as of 2023, there were 247 mortgage originations in Sandtown-Winchester, Baltimore, MD, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Sandtown-Winchester, Baltimore, MD. Investor activity is low, as 13.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 247 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 13.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Sandtown-Winchester, Baltimore, MD
As of 2024, the percent of homes in Sandtown-Winchester, Baltimore, MD under the Section 8 program is 27.6%. 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 Sandtown-Winchester, 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 | 3,621 |
Total Units Section 8 | 2,772 |
% Rentals under Section 8 | 27.6% |
% Occupied Section 8 | 91.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,120 | $1,430 |
| 2 Bedroom | $270 | $1,480 | $1,750 |
| 3 Bedroom | $570 | $1,700 | $2,270 |
| 4 Bedroom | $270 | $2,300 | $2,570 |
Affordability — Sandtown-Winchester, Baltimore, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $91,000 |
| Median Household Income | $37,200 |