Baltimore Metro

March 2026 | 
Home Demand Index: 73 | 
Tier: Slow

Metro Area Overview

The Home Demand Index (HDI) for the Baltimore metro area stands at 73 for this report period, up modestly from 71 last month but below the 80 recorded during the same period one year ago. This month-over-month improvement signals a tentative early-spring uptick in buyer engagement, consistent with seasonal reactivation following the winter slowdown. The year-over-year gap, however, indicates the market has not yet recovered to last March’s demand level, with affordability constraints and rate sensitivity continuing to temper the pace of recovery.
The market trend line, below, provides a high-level monthly overview of the Home Demand Index for each of the metro market areas within the Greater Baltimore Metro Area. The Home Demand Index is baselined at 100, with 90-110 indicating a steady market. Index values above 110 indicate moderate and high activity while Index values below 90 indicate slower or limited activity. For more information for a given period of time, click on any point on the map to pull up the monthly report.
Metro Market Trend Data by Bright MLS | T3 Home Demand Index
Each of the market areas listed above are defined as follows:
  • 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;

Baltimore | March 2026

Home Demand Index

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The Home Demand Index (HDI) for the Baltimore metro area stands at 73 for this report period, up modestly from 71 last month but below the 80 recorded during the same period one year ago. This month-over-month improvement signals a tentative early-spring uptick in buyer engagement, consistent with seasonal reactivation following the winter slowdown. The year-over-year gap, however, indicates the market has not yet recovered to last March’s demand level, with affordability constraints and rate sensitivity continuing to temper the pace of recovery.
Demand by home type in Baltimore shows a mixed but generally firming picture this period, with most segments holding steady or improving modestly from last month while trailing year-ago levels. Entry-level single-family homes registered an index of 65, down slightly from 66 last month and meaningfully below the 73 posted one year ago, reflecting persistent affordability pressure on first-time and value-driven buyers in the most rate-sensitive segment. Mid-range single-family homes held flat at 65 ‚ unchanged from last month but below last year’s 72‚ suggesting move-up buyer activity has stabilized but not yet accelerated into spring. Luxury single-family homes improved to 66 from 60 last month, though demand remains below the 69 recorded a year ago, pointing to selective high-end engagement rather than broad-based momentum. Entry-level condos continue to outperform detached categories, rising to 105 from 102 last month, though slightly below last year’s 110, reinforcing their role as an affordability alternative for buyers navigating constrained budgets. Luxury condos posted 113, essentially unchanged from 114 last month but notably below last year’s 162, signaling a meaningful year-over-year cooling in high-end attached demand. Townhouses, rowhouses, and twin homes advanced to 82 from 78 last month, though still trailing the 89 recorded a year ago ‚ a segment that continues to benefit from its price-to-space value proposition as spring buyer activity builds.
Monthly Statistics for March 2026
Home Demand
Index
73
(Slow)
Home Demand Index
from prior month
71
Home Demand Index
from prior year
80
Index change
from prior month
2.8%
Index change from
same time last year
-8.8%
Bright MLS | T3 Home Demand Index

www.homedemandindex.com