Baltimore Metro

June 2025 | 
Home Demand Index: 95 | 
Tier: Steady

Metro Area Overview

The Home Demand Index (HDI) for the Baltimore metro area is 95 this month, down slightly from 96 last month and slightly above the 90 reading from the same time last year. The current reading places the market in the Steady demand category. While month-over-month demand has softened slightly, the year-over-year gain points to a market that remains relatively stable, with buyer activity holding up despite potential affordability pressures or seasonal shifts.
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 | June 2025

Home Demand Index

The Home Demand Index (HDI) for the Baltimore metro area is 95 this month, down slightly from 96 last month and slightly above the 90 reading from the same time last year. The current reading places the market in the Steady demand category. While month-over-month demand has softened slightly, the year-over-year gain points to a market that remains relatively stable, with buyer activity holding up despite potential affordability pressures or seasonal shifts.
Demand trends by property type in the Baltimore metro show a general softening from last month, with some exceptions. Entry-level single-family homes (below $360,000) posted a demand index of 68, down from 73 last month and 74 a year ago, reflecting affordability pressures and limited inventory. Mid-priced single-family homes ($360,000–$815,000) edged up to 97 from 96 last month and 90 last year, suggesting stable demand in the move-up market. Luxury single-family homes (above $815,000) rose to 133, up from 119 last month and 109 a year ago, showing continued strength at the high end. Entry-level condos (below $405,000) declined to 133 from 139, but remain well above last year’s 110, indicating ongoing interest. Luxury condos (above $405,000) fell to 151 from 171, yet demand remains high, far exceeding year-ago levels. Townhouses, rowhouses, and twin homes across all price points dipped to 93 from 98, though still slightly above last year’s 91, suggesting mild caution among attached-home buyers.
Monthly Statistics for June 2025
Home Demand
Index
95
(Steady)
Home Demand Index
from prior month
96
Home Demand Index
from prior year
90
Index change
from prior month
-1%
Index change from
same time last year
5.6%
Bright MLS | T3 Home Demand Index

www.homedemandindex.com