October 2026 Report
Baltimore Metro
Baltimore | October 2026
Home Demand Index
The Home Demand Index (HDI) for the Baltimore metro area stands at 81 for this report period, down 4 points from last month’s 85 and below the 91 recorded one year ago. That leaves the market 4.7% lower on the month and 11.0% lower than a year ago, extending the late-summer cooling and keeping a Slow demand rating as the fall season begins. The softening is broad: five of the six home-type tiers eased on the month, with only the small luxury condo segment edging higher, which points to affordability pressure rather than a localized shift.
Demand by home type in Baltimore this period ranges from a high of 121 in the luxury condo tier to a low of 68 in the entry single-family tier. The condo tiers continue to screen strongest, with entry condos at 108 (Steady) and luxury condos at 121 (Moderate), the only segment to gain on the month. Single-family demand sits lower and softened across all three price bands: entry at 68 (Limited), mid-range at 78 and luxury at 84, the latter down 22 points from a year ago. The townhouse/rowhouse format reads 86, down 6 points on the month. Inventory runs from about 2.8 months in mid-range single-family to 5.3 months in luxury condos, leaving the metro balanced-to-soft rather than tight.
Monthly Statistics for October 2026
Home Demand
Index
Index
81
(Slow)
Home Demand Index
from prior month
from prior month
85
Home Demand Index
from prior year
from prior year
91
Index change
from prior month
from prior month
-4.7%
Index change from
same time last year
same time last year
-11.0%
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Baltimore | October 2026
Home Demand Index | Historical Year-over-Year Comparison
Over the trailing twelve months, Baltimore’s Home Demand Index followed a familiar seasonal arc, easing through the fall to a low of 57 in December before recovering to a spring peak of 94 in April. It has since drifted lower through the summer to the current 81, below the prior-year level of 91. The current cycle has generally tracked below last year’s pace, particularly as demand softened through the summer. The 10-point year-over-year gap is the widest of the late-summer months, underscoring that this cycle’s late-summer demand is running cooler than the comparable stretch of 2025.
Home Demand Index
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Baltimore | October 2026
Home Demand Map
Demand across the Baltimore metro continues to reflect its established geographic structure, spanning Anne Arundel, Baltimore City, Baltimore County, Carroll, Harford and Howard counties. Buyer activity varies considerably across the metro, with Howard, Harford and Baltimore counties posting Steady readings above the metro average, while Anne Arundel and Carroll remain Slow and Baltimore City falls into Limited territory. The overall Slow reading of 81 masks that internal spread, with individual submarkets sitting well above and below the metro average.
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Baltimore | October 2026
Demand and Inventory by Home Type
Demand by home type in Baltimore this period ranges from a high of 121 in the luxury condo tier to a low of 68 in the entry single-family tier. The condo tiers continue to screen strongest, with entry condos at 108 (Steady) and luxury condos at 121 (Moderate), the only segment to gain on the month. Single-family demand sits lower and softened across all three price bands: entry at 68 (Limited), mid-range at 78 and luxury at 84, the latter down 22 points from a year ago. The townhouse/rowhouse format reads 86, down 6 points on the month. Inventory runs from about 2.8 months in mid-range single-family to 5.3 months in luxury condos, leaving the metro balanced-to-soft rather than tight.
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Baltimore | October 2026
Single Family Home Below $380k
The index for entry-level single-family homes in Baltimore (below $380,000) stands at 68 this report period, down 4 points from last month’s 72 and below the 81 recorded a year ago. That places the tier in Limited territory, with roughly 3.1 months of inventory across 812 active listings and 261 sales last month. Softer readings on both the monthly and annual comparisons point to demand running cooler than the same period last cycle at this price point.
Monthly Statistics for Single Family Home Below $380k
Home Demand
Index
Index
68
(Limited)
Home Demand Index
from prior month
from prior month
72
Home Demand Index
from prior year
from prior year
81
Months of
inventory
inventory
3.1
Average daily inventory last month
812
Inventory sold
last month
last month
261
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Baltimore | October 2026
Single Family Home $380k - $875k
The index for mid-range single-family homes in Baltimore ($380,000 to $875,000) stands at 78 this report period, down 6 points from last month’s 84 and below the 89 recorded a year ago. That places the tier in Slow territory, with roughly 2.8 months of inventory across 1,885 active listings and 666 sales last month. Softer readings on both the monthly and annual comparisons point to demand running cooler than the same period last cycle at this price point.
Monthly Statistics for Single Family Home $380k - $875k
Home Demand
Index
Index
78
(Slow)
Home Demand Index
from prior month
from prior month
84
Home Demand Index
from prior year
from prior year
89
Months of
Inventory
Inventory
2.8
Average daily inventory last month
1,885
Inventory sold
last month
last month
666
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Baltimore | October 2026
Single Family Home Above $875k
The index for luxury single-family homes in Baltimore (above $875,000) stands at 84 this report period, down 6 points from last month’s 90 and below the 106 recorded a year ago. That places the tier in Slow territory, with roughly 3.7 months of inventory across 621 active listings and 168 sales last month. Softer readings on both the monthly and annual comparisons point to demand running cooler than the same period last cycle at this price point.
Monthly Statistics for Single Family Home Above $875k
Home Demand
Index
Index
84
(Slow)
Home Demand Index
from prior month
from prior month
90
Home Demand Index
from prior year
from prior year
106
Months of
Inventory
Inventory
3.7
Average daily inventory last month
621
Inventory sold
last month
last month
168
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Baltimore | October 2026
Condo Below $418k
The index for entry-level condominium homes in Baltimore (below $418,000) stands at 108 this report period, down 2 points from last month’s 110 and below the 112 recorded a year ago. That places the tier in Steady territory, with roughly 4.5 months of inventory across 659 active listings and 148 sales last month. Softer readings on both the monthly and annual comparisons point to demand running cooler than the same period last cycle at this price point.
Monthly Statistics for Condo Below $418k
Home Demand
Index
Index
108
(Steady)
Home Demand Index
from prior month
from prior month
110
Home Demand Index
from prior year
from prior year
112
Months of
Inventory
Inventory
4.5
Average daily inventory last month
659
Inventory sold
last month
last month
148
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Baltimore | October 2026
Condo Above $418k
The index for luxury condominium homes in Baltimore (above $418,000) stands at 121 this report period, up 2 points from last month’s 119 and below the 160 recorded a year ago. That places the tier in Moderate territory, with roughly 5.3 months of inventory across 132 active listings and 25 sales last month. The monthly gain is encouraging, but demand remains below last year’s pace at this price point, so the rebound has not yet closed the annual gap.
Monthly Statistics for Condo Above $418k
Home Demand
Index
Index
121
(Moderate)
Home Demand Index
from prior month
from prior month
119
Home Demand Index
from prior year
from prior year
160
Months of
Inventory
Inventory
5.3
Average daily inventory last month
132
Inventory sold
last month
last month
25
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Baltimore | October 2026
Townhouse/Rowhouse/Twin All prices
Townhouse/
Rowhouse/Twin
All prices
The index for townhouses, rowhouses and twins in Baltimore (all prices) stands at 86 this report period, down 6 points from last month’s 92 and below the 92 recorded a year ago. The tier sits in Slow territory with about 4.7 months of inventory across 3,818 active listings and 807 sales last month. As the metro’s highest-volume attached format, it typically tracks close to the overall market, and this period it reads 86 against the metro’s 81.
Monthly Statistics for Townhouse/Rowhouse/TwinAll prices
Home Demand
Index
Index
86
(Slow)
Home Demand Index
from prior month
from prior month
92
Home Demand Index
from prior year
from prior year
92
Months of
Inventory
Inventory
4.7
Average daily inventory last month
3,818
Inventory sold
last month
last month
807
Bright MLS | T3 Home Demand Index
www.homedemandindex.com
Note
1. This report is generated with data from the following counties:
- Baltimore Metro – Anne Arundel, MD; Baltimore City, MD; Baltimore, MD; Carroll, MD; Harford, MD; Howard, MD;
- DelMar Coastal – Somerset, MD; Sussex, DE; Wicomico, MD; Worcester, MD;
- Maryland Eastern Shore – Caroline, MD; Cecil, MD; Dorchester, MD; Kent, MD; Queen Annes, MD; Talbot, MD;
2. This report is for the October 2026 period with data collected from the previous month.
Released: October 13, 2026
Reference ID: 2511
Baltimore | October 2026
Home Demand Map (Zip Codes)
Demand across the Baltimore metro continues to reflect its established geographic structure, spanning Anne Arundel, Baltimore City, Baltimore County, Carroll, Harford and Howard counties. Buyer activity varies considerably across the metro, with Howard, Harford and Baltimore counties posting Steady readings above the metro average, while Anne Arundel and Carroll remain Slow and Baltimore City falls into Limited territory. The overall Slow reading of 81 masks that internal spread, with individual submarkets sitting well above and below the metro average.
Bright MLS | T3 Home Demand Index
www.homedemandindex.com