Baltimore, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Baltimore, OH Real Estate Data


Baltimore Housing Market Information

With 2,970 people, 1,094 houses or apartments, and a median cost of homes of $150,118, Baltimore real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Baltimore, accounting for 75.92% of the village's housing units. Other types of housing that are prevalent in Baltimore include large apartment complexes or high rise apartments ( 17.63%), row houses and other attached homes ( 3.84%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.62%).

The most prevalent building size and type in Baltimore are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 49.63% owning and 50.37% renting.

There is a lot of housing in Baltimore built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Baltimore built between 1940-1969 ( 34.29%). A lesser amount of the housing stock also hails from before 1939 ( 21.90%). There's also some housing in Baltimore built between 2000 and later ( 8.38%).

Baltimore Home Appreciation Rates

Appreciation rates for homes in Baltimore have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.26%, which ranks in the top 40% nationwide. This equates to an annual average Baltimore house appreciation rate of 0.51%.

Over the last year, Baltimore appreciation rates have trailed the rest of the nation. In the last twelve months, Baltimore's appreciation rate has been 1.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Baltimore were at -0.89%, which equates to an annual appreciation rate of -3.51%.

Notably, Baltimore's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Ohio, our data show that Baltimore's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$150,118

Baltimore, OH HOME PRICES

Value Range
> $1,100,000 0.0
$825,001 - $1,100,000 0.0
$550,001 - $825,000 0.0
$440,001 - $550,000 0.0
$330,001 - $440,000 3.2
$220,001 - $330,000 14.4
$110,001 - $220,000 55.3
$55,001 - $110,000 23.4
$0 - $55,000 3.7

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
49.6601429743349 36.8766404199475

Number Of Homes And Apartments:
1,094

Rent & Ownership

 

Average Market Rent:
$1,019 / per month

Homeownership Rate

Homeownership
Owners 49.63
Renters 50.37
Vacant 4.54

Housing Market Details

 

Age of Homes

AGE OF Baltimore HOMES
2000 or Newer 8.4
1970 - 1999 35.4
1940 - 1969 34.3
1939 or Older 21.9

Types of Homes

TYPE OF Baltimore HOMES
Single-Family 75.9
Townhomes 3.8
Small Apt. Buildings 2.6
Apt. Complexes 17.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Baltimore HOMES
No Bedroom 0.00
1 Bedroom 13.00
2 Bedrooms 23.91
3 Bedrooms 47.47
4 Bedrooms 14.40
5 or more bedrooms 1.22

Baltimore Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
18.32% 0.98% 7 2
* 10 is highest