Baltimore, MD Community Information

Baltimore, MD Homes for Sale

Baltimore Metro and Neighborhood Information

Recent urban renewal efforts and extensive renovations have made Baltimore the crown jewel of the eastern seaboard. This independent Maryland city has remained a major U.S. seaport since the 1800s, back when it was the second leading port of entry for immigrants. As a result, Baltimore became the second city to have a population of 100,000, a feat surpassed only by New York.

Rooted as a marine community, Baltimore Harbor today is one of the most sheltered seaports, thanks to the nearby Delmarva Peninsula, which protects it from tropical storms and hurricanes. The Appalachian Mountains are another shield, blocking most of the cold winds. Baltimore's deep connection to the water is also evidenced in its top tourist destination, the National Aquarium and Inner Harbor. The National Aquarium in Baltimore opened in 1981 and houses more than 10,000 water specimens from nearly 600 different species, including dolphins, sting rays and even sharks. Baltimore has also embraced its competitive side, cheering on a wide range of sports teams, including the Baltimore Orioles (MLB), Ravens (NFL) and Bayhawks (Major League Lacrosse).

Waterfront property

The Inner Harbor, the most visited site in Baltimore, is both a historic seaport attraction and beloved city landmark. The Harbor itself is the northwestern stretch of the Patapsco River, centrally located amid charming historic districts, shopping and Oriole Park. In the Inner Harbor neighborhood of Canton, urban hipsters and older traditionalists comprise much of the community's population, making for an interestingly diverse mix. This high-end community offers views of the skyline and a wealth of Canton waterfront properties overlooking the magnificent harbor. Although this residential area is populated with brick row houses, older Canton single-family homes in need of renovation are also available, but expect to pay more.

For a more varied topography, Butchers Hill real estate offers Inner Harbor waterfront properties, but from the crown of Hampstead Hill. This historic district is also lined by continuous row houses. Following a spate of renewal and housing rehabilitation, Butchers Hill homes for sale have become some of the most coveted in the area. The Fells Point, Inner Harbor and Butchers Hill area ranked ninth in Forbes.com's list of zip codes with greatest appreciation.

Come lose yourself in this city's legacy of triumph and begin your Baltimore home search today!

'''Sources and more information:'''
http://en.wikipedia.org/wiki/Baltimore
http://www.baltimoresun.com/business/realestate/balbz.homesales11jun11,1,4147497.story?colal-realestate-headlines-1
http://en.wikipedia.org/wiki/National_Aquarium_in_Baltimore
http://en.wikipedia.org/wiki/Inner_Harbor
http://cantoncommunity.org/go/neighborhood.php
http://www1.move.com/Cities/baltimore/CantonGN.asp?gate=realtor&poe=realtor
http://www.butchershill.org/about/history.shtml

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Baltimore, MD Community Information

Population

646,102

Median Age

36.8

Median Household Income

$43,658

Households with Children

48.39%

Median Travel Time to Work

30 minutes

Baltimore, MD Real Estate Market Information

Homes Owned

48.23%

Homes Rented

42.46%

Homes Vacant

9.31%

Baltimore, MD Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

0:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See Baltimore apartments for rent

Baltimore, MD School Information

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.