Flipping · Market playbook

How to Flip Houses in Baltimore, MD

Flipping in Baltimore lives or dies on two numbers: median sale price ($207k) and YoY appreciation (-1.3%). The arithmetic of your exit is what those numbers say it is.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

Workable 70/100

Baltimore is a workable flip market — neither bonanza nor minefield. Standard underwriting discipline applies.

TL;DR — data signals

→ Median sale $206,667 · YoY -1.3%
→ Median DOM 23 days — fast exit
→ 28.2% sold above list — aggressive pricing pulls offers fast
→ Underwrite to a textbook 70% rule

Baltimore's flip math starts at a median sale price of $206,667 and a YoY trajectory of -1.3%. Appreciation is flat — neither tailwind nor headwind. ARV underwriting can use today's comps without an aggressive discount, which is actually the easiest environment to operate in.

Your exit speed depends on buyer urgency. Baltimore's median DOM is 23 days against a sale-to-list ratio of 0.996 and 28.2% of sales closing above list. That's a fast market — a well-staged renovation can move in 14-21 days if you list at or just below the comps. Aggressive pricing pulls cash offers fast.

Rehab scope discipline is the other half. At a $207k median sale, Baltimore is a lower-price-point market. The rehab math is unforgiving here — every $5k over budget eats 2-3% of your profit. Standardize finishes (IKEA cabinets, mid-grade LVP, no quartz) and refuse the temptation to "elevate."

Net: the 70% rule (purchase + rehab + carry + closing ≤ 70% of ARV) is the only thing keeping flippers solvent. Baltimore's data rewards textbook 70% discipline.

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Baltimore at a glance