Baltimore Metro

June 2026 | 
Home Demand Index: 77 | 
Tier: Slow

Metro Area Overview

The Home Demand Index (HDI) for the Baltimore metro area stands at 77 for this report period, down from 93 last month and below the 99 recorded during the same period one year ago. The sixteen-point month-over-month decline marks a pronounced reversal from the spring reactivation that had been building since February, signaling that peak-season demand has rolled over more sharply than seasonal norms would suggest and raising the possibility that affordability constraints and financing sensitivity are reasserting pressure as buyer urgency fades entering the early summer period. The twenty-two-point year-over-year deficit represents the widest annual gap recorded in recent reporting cycles for this metro, indicating that the Baltimore market is now tracking at a measurably softer level than the same period last year, with the structural headwinds of elevated home prices and persistent rate sensitivity continuing to erode the demand base that briefly appeared to be consolidating through the spring.
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 2026

Home Demand Index

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The Home Demand Index (HDI) for the Baltimore metro area stands at 77 for this report period, down from 93 last month and below the 99 recorded during the same period one year ago. The sixteen-point month-over-month decline marks a pronounced reversal from the spring reactivation that had been building since February, signaling that peak-season demand has rolled over more sharply than seasonal norms would suggest and raising the possibility that affordability constraints and financing sensitivity are reasserting pressure as buyer urgency fades entering the early summer period. The twenty-two-point year-over-year deficit represents the widest annual gap recorded in recent reporting cycles for this metro, indicating that the Baltimore market is now tracking at a measurably softer level than the same period last year, with the structural headwinds of elevated home prices and persistent rate sensitivity continuing to erode the demand base that briefly appeared to be consolidating through the spring.
Demand by home type in Baltimore shows broad-based softening this period, consistent with the metro-wide index declining to 77 from 93 last month, with all segments likely registering meaningful month-over-month retreats as the post-spring demand rollover takes hold across the buyer spectrum. Entry-level single-family homes remain the most constrained tier, with first-time and value-driven buyers continuing to face acute affordability barriers at the lowest price points in a market where financing sensitivity is most pronounced, and the pullback in overall engagement is likely deepest in this segment given the lowest index reading. Mid-range single-family demand is retreating from spring highs as move-up buyer urgency fades, consistent with the market transitioning from the peak-urgency phase of the selling season toward a more measured early-summer pace. Luxury single-family activity, while retreating from its strong May reading, is likely exhibiting greater relative resilience than lower tiers, as discretionary buyers with less financing dependency maintain selective engagement with premium inventory. Entry-level condos continue to meaningfully outperform entry-level and mid-range single-family categories on an absolute basis, maintaining their structural role as the primary affordability outlet in the metro, though they remain below luxury single-family levels. Luxury condos and townhouses, rowhouses, and twin homes are moderating from their spring peaks in line with the broader market, with luxury condos retaining above-metro-average readings, while townhouses, rowhouses, and twin homes are now broadly in line with the metro average.
Monthly Statistics for June 2026
Home Demand
Index
77
(Slow)
Home Demand Index
from prior month
93
Home Demand Index
from prior year
99
Index change
from prior month
-17.2%
Index change from
same time last year
-22.2%
Bright MLS | T3 Home Demand Index

www.homedemandindex.com