Baltimore VA Loan Rates, Closing Costs & Stats

BALTIMORE-COLUMBIA-TOWSON, MD

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Baltimore's 230 lenders originated 5,812 VA loans during 2022. The total origination value was $2,540,600,000, with an average VA loan value of $437,130.

Baltimore VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Baltimore averaged -0.3% for the week of 2024-02-23, compared to the national average (all VA variants) of 0% for the same period.

Baltimore's average VA mortgage closing costs are $7,525.

The average rate for the prior week (2024-02-16) was 6.18% and one month ago for the week of 2024-01-19, the average rate was 6.03%.

The average rate one year ago was 5.75%.

For refis of the same type during the week of 2024-02-23, the average rate was -1.15%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Baltimore VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Baltimore level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 533 5.09% $10,204
NAVY FEDERAL CREDIT UNION 343 3.82% $9,398
QUICKEN LOANS, LLC 336 4.09% $12,603
FIRST HOME MORTGAGE CORPORATION 306 4.71% $14,809
UNITED WHOLESALE MORTGAGE, LLC 289 4.37% $12,348
FREEDOM MORTGAGE CORPORATION 235 4.25% $12,865
PENNYMAC LOAN SERVICES, LLC 205 3.26% $11,436
PRIMARY RESIDENTIAL MORTGAGE, INC. 132 4.85% $14,156
NVR Mortgage Finance, Inc. 132 4.12% $13,524
Towne Bank 129 4.44% $12,768
LOANDEPOT.COM, LLC 115 3.79% $12,145
CALIBER HOME LOANS, INC. 102 4.25% $12,848
USAA Federal Savings Bank 101 4.50% $9,451
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 100 4.67% $10,081
NFM, INC. 98 4.82% $11,937
Prosperity Home Mortgage, LLC 88 4.53% $15,794
BAY CAPITAL MORTGAGE CORPORATION 86 4.32% $12,813
GUARANTEED RATE AFFINITY, LLC 81 4.53% $9,704
NEW DAY FINANCIAL, LLC 77 4.72% $13,110
PENTAGON FEDERAL CREDIT UNION 74 3.59% $7,894
Meridian Bank Corporation 70 4.51% $10,323
GUARANTEED RATE, INC. 67 4.14% $12,006
HOME POINT FINANCIAL CORPORATION 64 4.14% $11,462
The Federal Savings Bank 59 4.56% $15,693
Mr. Cooper ( Nationstar Mortgage ) 50 4.47% $11,595
MOVEMENT MORTGAGE, LLC 44 5.02% $10,600
MCLEAN MORTGAGE CORPORATION 43 4.01% $41,991
Truist 39 3.93% $11,221
CMG MORTGAGE, INC. 39 4.65% $17,837
Wells Fargo Bank 39 4.11% $8,206
CROSSCOUNTRY MORTGAGE, LLC 38 4.80% $13,946
NEWREZ LLC 37 4.07% $9,175
Plains Commerce Bank 36 4.64% $13,153
EMBRACE HOME LOANS, INC. 33 4.44% $13,332
George Mason Mortgage, LLC 32 4.02% $12,796
EAGLE HOME MORTGAGE, LLC 30 4.78% $8,792
PULTE MORTGAGE LLC 29 4.49% $8,490
VILLAGE CAPITAL MORTGAGE 28 4.02% $11,279
Presidential Bank, FSB 28 4.88% $16,116
Sierra Pacific Mortgage Company, Inc. 27 4.19% $12,634
ACADEMY MORTGAGE CORPORATION 26 4.72% $16,340
AMERISAVE MORTGAGE CORPORATION 26 3.96% $14,756
NBKC BANK 25 4.62% $10,253
Mid-Continent Funding, Inc. 25 4.44% $10,920
DIRECT MORTGAGE LOANS, LLC 23 5.05% $14,690
North American Savings Bank, F.S.B. 22 4.11% $8,861
CLEARPATH LENDING 21 3.76% $11,052
HOMEAMERICAN MORTGAGE CORPORATION 21 4.01% $8,480
1ST FINANCIAL, INC. 20 4.79% $13,009
HOMESPIRE MORTGAGE CORPORATION 20 3.97% $12,480
CARDINAL FINANCIAL 20 4.59% $11,384
LAKEVIEW LOAN SERVICING, LLC 20 3.32% $6,671
BROKER SOLUTIONS, INC. 18 4.71% $13,340
First Heritage Mortgage, LLC 17 4.70% $14,093
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 17 5.33% $14,009
M&T Bank 17 3.77% $8,831
Carrington Mortgage Services, LLC 16 4.67% $9,174
Flagstar Bank, FSB 16 4.18% $16,305
UNION HOME MORTGAGE CORP. 16 3.87% $13,033
HOMEBRIDGE FINANCIAL SERVICES, INC. 16 4.27% $11,749
ABSOLUTE HOME MORTGAGE CORPORATION 16 5.35% $10,920
Paramount Residential Mortgage Group, Inc. 16 4.87% $13,062
EMM LOANS LLC 16 4.55% $9,511
SWBC MORTGAGE CORPORATION 16 5.13% $10,754
BNC National Bank 15 4.05% $11,050
First Home Bank 14 4.95% $18,537
BAY EQUITY LLC 14 5.29% $11,270
CHURCHILL MORTGAGE CORPORATION 13 5.33% $15,364
SOUTHERN TRUST MORTGAGE, LLC 13 4.10% $10,744
APEX HOME LOANS, INC. 13 4.16% $16,835
Vellum Mortgage, Inc. 13 5.12% $17,289
PLANET HOME LENDING, LLC 12 4.37% $9,943
PRIMELENDING, A PLAINSCAPITAL COMPANY 12 4.77% $7,153
DRAPER AND KRAMER MORTGAGE CORP. 12 4.36% $12,604
FIDELITY DIRECT MORTGAGE, LLC 12 4.41% $16,595
HOMESIDE FINANCIAL, LLC 12 5.18% $10,806
INTERCOASTAL MORTGAGE COMPANY 12 4.38% $15,511
GUILD MORTGAGE COMPANY 11 4.11% $10,917
CHERRY CREEK MORTGAGE, LLC 11 4.70% $6,337
Sandy Spring Bank 11 5.44% $11,029
SUN WEST MORTGAGE COMPANY, INC. 11 4.65% $11,496
Lakeview Community Capital, LLC 11 3.57% $8,399
Hometown Lenders, Inc. 11 5.14% $12,831
Ameris Bank 11 4.22% $11,053
NATIONWIDE MORTGAGE BANKERS, INC. 11 5.53% $12,983
BAYSHORE MORTGAGE FUNDING, LLC 10 5.24% $12,554
Atlantic Coast Mortgage, LLC 10 4.26% $15,859
ENVOY MORTGAGE, LTD 10 4.61% $15,150
TJC Mortgage, Inc. 10 4.46% $12,111
Strong Home Mortgage, LLC 9 3.89% $14,903
FIRST SAVINGS MORTGAGE CORPORATION 9 4.43% $15,171
Shore United Bank 9 4.31% $20,824
TOWER 9 4.33% $10,733
Armed Forces Bank 9 3.63% $10,144
Nations Lending Corporation 8 5.17% $15,104
MORTGAGE SOLUTIONS OF COLORADO, LLC 8 5.19% $11,392
Low VA Rates, LLC 8 4.42% $21,836
ABERDEEN PROVING GROUND FEDERAL CREDIT UNION 8 4.20% $7,093
Magnolia Bank 8 3.66% $13,605
Barrington Bank & Trust Company, N.A. 8 4.89% $12,930
ROUNDPOINT MORTGAGE SERVICING CORPORATION 8 4.16% $11,597
NP, Inc. 7 3.52% $8,559
Homesale Mortgage, LLC 7 4.66% $13,194
Fulton Bank 7 5.02% $11,377
ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 5.41% $9,560
West Town Bank & Trust 6 4.83% $12,800
RELIANCE FIRST CAPITAL, LLC 6 4.94% $14,236
FINANCE OF AMERICA MORTGAGE LLC 6 4.73% $14,900
MUTUAL OF OMAHA MORTGAGE, INC. 6 4.52% $15,441
PNC Bank 6 4.06% $9,457
Northpointe Bank 5 5.23% $9,286
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 5 4.33% $7,214
EQUITY RESOURCES, INC. 5 5.43% $11,046
NATIONS DIRECT MORTGAGE, LLC 5 5.08% $6,921
WesBanco 5 3.98% $16,095
DHI MORTGAGE COMPANY, LTD. 4 4.25% $17,065
1ST PREFERENCE MORTGAGE CORP. 4 3.69% $8,041
UNIVERSAL MORTGAGE & FINANCE, INC. 4 5.72% $17,662
First Guaranty Mortgage Corporation 4 3.34% $9,243
THE MORTGAGE LINK, INC. 4 5.84% $9,205
T2 FINANCIAL LLC 4 5.28% $11,183
INTERLINC MORTGAGE SERVICES, LLC 4 4.88% $13,901
KELLER MORTGAGE, LLC 4 4.44% $11,288
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 4 6.03% $15,462
First Federal Bank 4 4.53% $9,440
SOVEREIGN LENDING GROUP INCORPORATED 4 3.37% $8,238
GENEVA FINANCIAL, LLC 4 4.72% $8,920
LOANPAL, LLC 4 4.28% $15,508
Residential Mortgage Solutions, Inc. 4 5.28% $13,423
Equity Prime Mortgage LLC 4 5.13% $12,700
Capital Bank 4 4.03% $9,678
OCMBC, INC. 4 4.31% $11,646
NORWICH COMMERCIAL GROUP, INC. 4 5.22% $15,625
CONTOUR MORTGAGE CORPORATION 4 4.31% $17,165
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 4.88% $10,598
LOANFLIGHT LENDING, LLC 3 3.13% $2,626
MANN FINANCIAL INC. 3 5.17% $5,394
Encompass Lending Group, LP 3 3.25% $4,544
MY MORTGAGE, INC. 3 4.75% $11,096
Credence Funding Corporation 3 3.96% $6,876
Citizens Bank 3 3.67% $9,551
SECURITYNATIONAL MORTGAGE COMPANY 3 3.46% $8,894
Sunflower Bank 3 3.46% $9,409
Texana Bank 3 3.96% $7,381
AMERICAN FINANCING CORPORATION 3 4.00% $4,552
ALLIED MORTGAGE GROUP, INC. 3 5.13% $13,534
U.S. Bank 3 5.13% $16,541
MDE Home Loans, LLC 2 4.63% $11,958
AMERICAN PACIFIC MORTGAGE CORPORATION 2 5.13% $16,292
The Freedom Bank of Virginia 2 4.75% $20,994
EVERETT FINANCIAL, INC. 2 5.13% $7,752
S1L, Inc. 2 5.00% $6,578
PREMIA MORTGAGE, LLC 2 4.38% $7,773
C & F Mortgage Corporation 2 5.50% $22,210
CBM Mortgage, Inc. 2 5.94% $10,134
Wyndham Capital Mortgage, Inc. 2 3.00% $2,751
CAPITAL CENTER, L.L.C. 2 3.88% $13,301
MORTGAGEONE, INC. 2 6.00% $1,082
Princeton Mortgage Corporation 2 3.56% $20,424
PIKE CREEK MORTGAGE SERVICES, INC. 2 6.63% $11,443
Financial Freedom Mortgage, LLC 2 5.69% $4,438
Alcova Mortgage LLC 2 4.13% $17,141
LADERA LENDING, INC. 2 4.38% $7,466
CityWorth Mortgage LLC 2 4.88% $15,666
MORTGAGE ACCESS CORP. 2 4.69% $17,663
US MORTGAGE CORPORATION 2 4.75% $14,463
JAMS-01, INC. 2 5.63% $20,917
SUCCESS MORTGAGE PARTNERS, INC. 2 5.56% $15,994
Waterstone Mortgage Corporation 2 4.63% $13,124
ARC HOME LLC 2 5.31% $9,644
PLAZA HOME MORTGAGE, INC. 2 2.69% $4,336
DAS Acquisition Company, LLC 2 4.50% $13,209
NETWORK CAPITAL FUNDING CORPORATION 2 4.38% $9,730
Paramount Bank 2 3.81% $10,455
POLARIS HOME FUNDING CORP. 2 5.19% $17,610
SOUTHPOINT FINANCIAL SERVICES, INC. 1 5.63% $16,928
Stifel Bank and Trust 1 3.88% $3,196
STOCKTON MORTGAGE CORPORATION 1 2.63% $11,405
AmRes Corporation 1 5.50% $4,842
First Federal Bank of Kansas City 1 4.88% $625
TBI MORTGAGE COMPANY 1 3.75% $10,965
Florida Capital Bank 1 6.63% $7,774
The Huntington National Bank 1 5.00% $5,612
INTERCAP LENDING INC. 1 3.63% $10,182
The Union Bank Company 1 3.13% $20,231
THRIVE MORTGAGE, LLC 1 4.63% $4,197
TIDEWATER MORTGAGE SERVICES, INC. 1 4.25% $31,958
Integrity Home Mortgage Corp 1 5.63% $21,084
AMERICAN HOME LENDING USA, LLC 1 7.25% $7,992
Gateway First Bank 1 7.63% $24,025
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.13% $14,621
UNITED MORTGAGE CORP 1 3.63% $16,978
First Internet Bank of Indiana 1 2.25% $2,792
Acre Mortgage and Financial Inc 1 6.00% $17,579
GUARANTY HOME MORTGAGE CORPORATION 1 5.13% $8,832
VAN DYK MORTGAGE CORPORATION 1 4.75% $14,320
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.25% $0
NATIONS RELIABLE LENDING, LLC 1 3.75% $4,908
Academy Bank 1 3.13% $6,160
Cornerstone First Mortgage, Inc 1 5.75% $18,174
Community First National Bank 1 5.13% $4,657
Colten Mortgage, LLC 1 5.63% $12,473
NEW FED MORTGAGE, CORP. 1 3.13% $2,460
NexBank 1 4.38% $5,814
HomePromise Corporation 1 5.63% $6,062
MORTGAGE EQUITY PARTNERS LLC 1 5.13% $4,445
MORIA DEVELOPMENT, INC. 1 4.75% $27,418
OPEN MORTGAGE, LLC 1 3.63% $14,465
PANORAMA MORTGAGE GROUP, LLC 1 5.63% $9,807
Century Mortgage Company DBA Century Lending Company 1 4.75% $4,704
PHH Mortgage Corporation 1 6.13% $10,224
MLD MORTGAGE INC. 1 4.88% $8,696
CALCON MUTUAL MORTGAGE LLC 1 5.25% $17,216
MISSION MORTGAGE LLC 1 5.25% $11,632
Blue Ridge Bank 1 5.13% $37,282
BELEM SERVICING LLC 1 3.25% $10,000
Prime Choice Funding Inc. 1 3.25% $8,172
MILEND, INC. 1 3.63% $18,230
Bank of England 1 4.63% $9,803
Bank of America 1 5.88% $7,290
AXIA FINANCIAL, LLC 1 4.63% $4,643
MICHIGAN MUTUAL, INC. 1 6.13% $2,123
RESIDENTIAL BANCORP 1 2.75% $4,530
RESIDENTIAL HOME FUNDING CORP. 1 4.38% $12,629
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 3.63% $10,642
SeaTrust Mortgage Company 1 4.75% $11,337
Watermark Capital, Inc. 1 3.25% $3,260
LOANLEADERS OF AMERICA, INC. 1 3.99% $4,783
LEADERONE FINANCIAL CORPORATION 1 4.38% $11,434
Leader Bank 1 3.75% $5,265

The top Baltimore VA lender as defined by loan originations is Mortgage Research Center, LLC, with 533 VA loans originated. Their average total fees are $10,204, which is $806 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

The lowest fee Baltimore VA lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($6,337), LAKEVIEW LOAN SERVICING, LLC ($6,671), PRIMELENDING, A PLAINSCAPITAL COMPANY ($7,153), PENTAGON FEDERAL CREDIT UNION ($7,894) and Wells Fargo Bank ($8,206).

The lowest rate Baltimore VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.26%), LAKEVIEW LOAN SERVICING, LLC (3.32%), Lakeview Community Capital, LLC (3.57%), PENTAGON FEDERAL CREDIT UNION (3.59%) and CLEARPATH LENDING (3.76%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Baltimore (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $284,973 (5.6%) $383,002 (5.9%) 1.06 8,252
2018-02-01 $284,998 (3.7%) $380,887 (3.4%) 1.03 7,973
2018-03-01 $299,900 (3.5%) $394,407 (3.0%) 1.05 8,646
2018-04-01 $312,400 (4.2%) $402,821 (0.7%) 1.06 9,360
2018-05-01 $324,225 (6.3%) $417,124 (3.2%) 1.08 9,971
2018-06-01 $326,990 (6.3%) $418,722 (2.5%) 1.09 10,270
2018-07-01 $327,450 (7.4%) $418,130 (3.2%) 1.09 10,558
2018-08-01 $324,450 (7.6%) $414,530 (1.3%) 1.09 10,655
2018-09-01 $319,000 (5.3%) $405,145 (-0.8%) 1.07 11,036
2018-10-01 $316,500 (5.5%) $403,186 (0.0%) 1.07 11,156
2018-11-01 $309,450 (4.9%) $396,119 (1.1%) 1.05 10,888
2018-12-01 $299,900 (5.2%) $385,311 (-0.3%) 1.03 9,732
2019-01-01 $299,250 (5.0%) $382,892 (0.0%) 1.03 8,717
2019-02-01 $299,900 (5.2%) $389,695 (2.3%) 1.01 8,315
2019-03-01 $312,757 (4.3%) $409,327 (3.8%) 1.02 8,779
2019-04-01 $329,900 (5.6%) $428,588 (6.4%) 1.05 9,486
2019-05-01 $337,900 (4.2%) $432,894 (3.8%) 1.06 10,145
2019-06-01 $339,999 (4.0%) $435,245 (4.0%) 1.06 10,520
2019-07-01 $337,450 (3.1%) $431,993 (3.3%) 1.06 10,543
2019-08-01 $332,200 (2.4%) $426,467 (2.9%) 1.05 10,424
2019-09-01 $328,150 (2.9%) $422,182 (4.2%) 1.05 10,303
2019-10-01 $324,500 (2.5%) $418,036 (3.7%) 1.05 10,173
2019-11-01 $319,900 (3.4%) $415,653 (4.9%) 1.05 9,604
2019-12-01 $302,995 (1.0%) $407,509 (5.8%) 1.01 8,144
2020-01-01 $305,600 (2.1%) $407,330 (6.4%) 1.02 7,135
2020-02-01 $317,500 (5.9%) $417,428 (7.1%) 1.04 6,767
2020-03-01 $326,000 (4.2%) $428,267 (4.6%) 1.02 6,941
2020-04-01 $325,000 (-1.5%) $429,221 (0.2%) 1.02 6,689
2020-05-01 $340,000 (0.6%) $441,696 (2.0%) 1.03 6,711
2020-06-01 $348,250 (2.4%) $458,793 (5.4%) 1.03 6,239
2020-07-01 $350,000 (3.7%) $469,340 (8.7%) 1.01 5,505
2020-08-01 $347,200 (4.5%) $468,701 (9.9%) 0.99 5,055
2020-09-01 $339,900 (3.6%) $459,242 (8.8%) 0.97 4,998
2020-10-01 $335,000 (3.2%) $462,994 (10.8%) 0.96 4,972
2020-11-01 $325,000 (1.6%) $448,779 (8.0%) 0.95 4,636
2020-12-01 $319,950 (5.6%) $447,043 (9.7%) 0.95 3,969
2021-01-01 $318,375 (4.2%) $448,724 (10.2%) 0.95 3,334
2021-02-01 $312,450 (-1.6%) $455,132 (9.0%) 0.91 2,791
2021-03-01 $324,995 (-0.3%) $451,524 (5.4%) 0.92 2,885
2021-04-01 $329,995 (1.5%) $454,067 (5.8%) 0.89 3,205
2021-05-01 $349,000 (2.7%) $470,002 (6.4%) 0.93 3,549
2021-06-01 $339,950 (-2.4%) $460,627 (0.4%) 0.89 4,004
2021-07-01 $345,000 (-1.4%) $457,978 (-2.4%) 0.91 4,496
2021-08-01 $334,950 (-3.5%) $438,698 (-6.4%) 0.89 4,840
2021-09-01 $334,950 (-1.5%) $438,167 (-4.6%) 0.89 4,860
2021-10-01 $324,900 (-3.0%) $430,277 (-7.1%) 0.87 4,741
2021-11-01 $314,950 (-3.1%) $424,023 (-5.5%) 0.84 4,221
2021-12-01 $309,950 (-3.1%) $425,042 (-4.9%) 0.84 3,505
2022-01-01 $295,700 (-7.1%) $423,368 (-5.7%) 0.80 2,872
2022-02-01 $299,950 (-4.0%) $429,741 (-5.6%) 0.78 2,627
2022-03-01 $324,850 (0.0%) $457,825 (1.4%) 0.81 2,690
2022-04-01 $329,900 (0.0%) $456,137 (0.5%) 0.79 2,964
2022-05-01 $349,950 (0.3%) $470,734 (0.2%) 0.80 3,523
2022-06-01 $364,950 (7.4%) $483,536 (5.0%) 0.81 4,029
2022-07-01 $359,000 (4.1%) $474,485 (3.6%) 0.81 4,546
2022-08-01 $350,000 (4.5%) $474,787 (8.2%) 0.81 4,665
2022-09-01 $348,625 (4.1%) $467,747 (6.8%) 0.82 4,612
2022-10-01 $340,000 (4.7%) $468,235 (8.8%) 0.80 4,713
2022-11-01 $339,700 (7.9%) $462,688 (9.1%) 0.82 4,612
2022-12-01 $329,997 (6.5%) $450,341 (6.0%) 0.81 4,058
2023-01-01 $319,988 (8.2%) $446,060 (5.4%) 0.79 3,601
2023-02-01 $323,250 (7.8%) $459,861 (7.0%) 0.78 3,225
2023-03-01 $348,125 (7.2%) $481,090 (5.1%) 0.82 3,062
2023-04-01 $340,000 (3.1%) $485,090 (6.4%) 0.79 3,149
2023-05-01 $350,000 (0.0%) $493,918 (4.9%) 0.79 3,223
2023-06-01 $365,250 (0.1%) $512,972 (6.1%) 0.82 3,293
2023-07-01 $374,900 (4.4%) $510,765 (7.7%) 0.85 3,412
2023-08-01 $377,450 (7.8%) $507,324 (6.9%) 0.87 3,490
2023-09-01 $370,000 (6.1%) $508,671 (8.8%) 0.86 3,859
2023-10-01 $367,450 (8.1%) $504,970 (7.9%) 0.86 4,159
2023-11-01 $358,348 (5.5%) $484,979 (4.8%) 0.85 4,330
2023-12-01 $345,000 (4.6%) $469,178 (4.2%) 0.84 3,864
Baltimore's median listing price for 2023-12-01 was $345,000, a difference of $15,003 (4.6%) versus the prior year and $-13,348 versus the prior month.

Baltimore's median listing price comes in at 84% of the national average.

Baltimore's average listing price for 2023-12-01 was $469,178, a difference of $18,837 (4.2%) versus the prior year and $-15,801 versus the prior month.

For the 2023-12-01 period, Baltimore had 3,864 MLS listings, a difference of -466 listings (-11%) versus the prior month and -194 listings (-5%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Baltimore (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 74 days 1,752 sqft
2018-02-01 67 days 1,764 sqft
2018-03-01 43 days 1,784 sqft
2018-04-01 41 days 1,783 sqft
2018-05-01 39 days 1,815 sqft
2018-06-01 44 days 1,863 sqft
2018-07-01 47 days 1,860 sqft
2018-08-01 51 days 1,848 sqft
2018-09-01 52 days 1,822 sqft
2018-10-01 52 days 1,844 sqft
2018-11-01 56 days 1,843 sqft
2018-12-01 65 days 1,815 sqft
2019-01-01 72 days 1,800 sqft
2019-02-01 66 days 1,815 sqft
2019-03-01 50 days 1,863 sqft
2019-04-01 38 days 1,923 sqft
2019-05-01 40 days 1,948 sqft
2019-06-01 45 days 1,956 sqft
2019-07-01 50 days 1,960 sqft
2019-08-01 51 days 1,943 sqft
2019-09-01 51 days 1,930 sqft
2019-10-01 52 days 1,920 sqft
2019-11-01 59 days 1,902 sqft
2019-12-01 69 days 1,877 sqft
2020-01-01 75 days 1,870 sqft
2020-02-01 63 days 1,888 sqft
2020-03-01 40 days 1,914 sqft
2020-04-01 48 days 1,910 sqft
2020-05-01 56 days 1,932 sqft
2020-06-01 48 days 1,947 sqft
2020-07-01 41 days 1,959 sqft
2020-08-01 37 days 1,924 sqft
2020-09-01 32 days 1,872 sqft
2020-10-01 41 days 1,839 sqft
2020-11-01 44 days 1,800 sqft
2020-12-01 51 days 1,778 sqft
2021-01-01 57 days 1,740 sqft
2021-02-01 43 days 1,734 sqft
2021-03-01 34 days 1,775 sqft
2021-04-01 30 days 1,776 sqft
2021-05-01 30 days 1,810 sqft
2021-06-01 30 days 1,772 sqft
2021-07-01 31 days 1,777 sqft
2021-08-01 32 days 1,750 sqft
2021-09-01 36 days 1,751 sqft
2021-10-01 39 days 1,709 sqft
2021-11-01 42 days 1,696 sqft
2021-12-01 48 days 1,686 sqft
2022-01-01 52 days 1,650 sqft
2022-02-01 37 days 1,663 sqft
2022-03-01 31 days 1,715 sqft
2022-04-01 29 days 1,740 sqft
2022-05-01 30 days 1,790 sqft
2022-06-01 31 days 1,825 sqft
2022-07-01 34 days 1,808 sqft
2022-08-01 36 days 1,812 sqft
2022-09-01 41 days 1,798 sqft
2022-10-01 42 days 1,788 sqft
2022-11-01 45 days 1,770 sqft
2022-12-01 51 days 1,746 sqft
2023-01-01 57 days 1,741 sqft
2023-02-01 49 days 1,758 sqft
2023-03-01 43 days 1,800 sqft
2023-04-01 36 days 1,812 sqft
2023-05-01 36 days 1,824 sqft
2023-06-01 36 days 1,857 sqft
2023-07-01 37 days 1,856 sqft
2023-08-01 37 days 1,867 sqft
2023-09-01 37 days 1,856 sqft
2023-10-01 37 days 1,841 sqft
2023-11-01 39 days 1,819 sqft
2023-12-01 46 days 1,776 sqft
Baltimore's median listing age (time on market) for 2023-12-01 was 46 days. This is -10% shorter than the same period one year ago.

Baltimore's median square footage for active listings during the 2023-12-01 period was 1,776 sqft. One year prior, the average listing was 1,746 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.