Locust Point Home Prices & Values

$276,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 12.7% 1-year change
  • 2.0% 1-year forecast

The median home value in Locust Point is $276,000. Locust Point home values have gone up 12.7% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Locust Point is $242, which is higher than the Baltimore average of $99. The median price of homes currently listed in Locust Point is $337,000 while the median price of homes that sold is $275,000. The median rent price in Locust Point is $1,900, which is higher than the Baltimore median of $1,300.

Foreclosures will be a factor impacting home values in the next several years. In Locust Point 10.9 homes are foreclosed (per 10,000). This is lower than the Baltimore value of 13.3 and also greater than the national value of 4.8

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Relative ZHVI
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Locust Point Market Overview

Data through May 31, 2014
  • $276,000 ZHVI
  • 2.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $337,000 Median listing price
  • No recent data Median sale price
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Locust Point Market Health

Data through May 31, 2014
  • 6.3/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

10.9 homes Locust Point
13.3 homes Baltimore
4.8 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Federal Hill $318,700 Riverside $282,500 Canton $282,500
SBIC $274,300 Inner Harbor $252,700 Butcher's Hill $249,300
Upper Fells Point $235,800 Fells Point $222,300 Washington Hill $212,800

Listings & Sales

Data through May 31, 2014
  • $242 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.8% Listings with price cut
8.6%
Sold below listing
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Locust Point Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,703 Locust Point
$1,266 Baltimore
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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