Groundwork

Real estate · County · Maryland

Real estate businesses in Baltimore city, MD

The real estate businesses in Baltimore city, MD, the household spending behind them and how the market ranks against other counties.

Groundwork market score · out of 100

Score 31 out of 100: Lower middle

Ranked #2,034 of 2,229 scored counties
#21 of 24 scored counties in Maryland

Listings
707
38 chain locations (5%)
Official establishments
503
+6.8% since 2019
Household spending a year
$3.7B
On rent and homeowner costs · $14,401 a household
Housing spending per listing (U.S. = 100)
120
20% above the U.S.
Listings per 10k households
27.7
28% below the U.S.
Population, 2025
569,997
−2.3% since 2020

See the real estate businesses around any address in Baltimore city

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Baltimore city. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

For real estate businesses, Baltimore city has a Groundwork market score of 31 (lower middle): #2,034 of 2,229 scored counties and #21 of 24 scored counties in Maryland. That puts it in the bottom quarter of counties.

Households in Baltimore city spend about $3.7B a year on rent and homeowner costs, or $14,401 per household, 14% below the U.S. average. Housing spending per office is 20% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.

There are 707 real estate businesses on map listings in Baltimore city as of September 2026. 38 of them (5%) are chain locations, against 6% across the U.S. That is 27.7 per 10,000 households, 28% below the U.S. rate of 38.5.

Official counts show 503 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in Baltimore city in 2023, up 6.8% from 2019. That is one for every 508 households, against one for every 414 across the U.S. Since fiscal 2022, 5 SBA-backed loans worth $4.7M have gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in Baltimore city. Population estimates show Baltimore city declined 2.3% from 2020 to 2025, against +3.1% for the U.S.

How Baltimore city compares

The same measures for Maryland and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Baltimore city, MD compared with Maryland and the U.S.
MeasureBaltimore cityMarylandU.S.
Listings per 10k households27.740.438.5
Housing spending per listing (U.S. = 100)120100100
Households per official establishment508454414
Official establishment growth, 2019–2023+6.8%+9.2%+15.8%
Population growth, 2020–2025−2.3%+1.4%+3.1%
Spending per household on rent and homeowner costs$14,401$17,488$16,661
Median household income$62,177$103,678$80,734
Groundwork market score3144

Official counts and lending

Businesses

Official establishments, 2019 to 2023
471 → 503+6.8% over the period
Employees, 2023
3,343
Annual payroll, 2023
$306.5M
One-person businesses, 2023
1,932Businesses with no payroll
Map listings, September 2026
70738 chain locations
Listings at the U.S. rate for this spending
850The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
5
Amount
$4.7M

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in Baltimore city, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Baltimore city

Population, 2025 estimate
569,997−2.3% since 2020
Households
255,668
Median age
37.5
Homes lived in by their owners
48%
Vehicles per household
1.1
Land area
81 sq. mi.
People per square mile
7,082
Median household income
$62,177+23.4% vs. 2015–2019, before inflation
Average household income
$89,312
Median home value
$229,600
Jobs located here
344,611
Daytime population
667,322Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Baltimore city?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of Baltimore city. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Real estate across Maryland

Every Maryland market ranked →

The highest-scoring counties in Maryland for real estate businesses, numbered among those based in Maryland, with Baltimore city marked.

Top counties in Maryland

Counties in Maryland ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Caroline County, MD661612.8262+2.5%#333 of 2,229
2Somerset County, MD641012.0263+1.7%#398 of 2,229
3Cecil County, MD5610525.9145+3.2%#783 of 2,229
4Allegany County, MD554616.8186−1.6%#818 of 2,229
5Charles County, MD5525041.1104+5.9%#842 of 2,229
6St. Mary’s County, MD5313030.6138+2.4%#936 of 2,229
7Prince George’s County, MD531,00628.9137+0.5%#937 of 2,229
8Dorchester County, MD522820.7158+3.4%#983 of 2,229
9Carroll County, MD5019630.5139+2.2%#1,082 of 2,229
10Frederick County, MD5046744.697+11.0%#1,108 of 2,229
21Baltimore city, MD3170727.7120−2.3%#2,034 of 2,229

Other business types in Baltimore city

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in Baltimore city, MD?

As of September 2026, map listings count 707 real estate businesses in Baltimore city. 38 of them (5%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 503 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 6.8% from 2019. Another 1,932 one-person businesses have no payroll, by official counts.

How much do households in Baltimore city, MD spend on rent and homeowner costs?

About $3.7B a year, or $14,401 per household. That is 14% below the U.S. average (an index of 86, where 100 is the U.S. average). For the 707 real estate businesses on map listings, housing spending per office is 20% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in. It is estimated from the incomes of the 255,668 households in Baltimore city and national spending patterns by income.

How does Baltimore city, MD compare with the U.S. for real estate businesses?

Baltimore city has 27.7 real estate businesses per 10,000 households, 28% below the U.S. rate of 38.5. The index of housing spending per office is 120, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, Baltimore city would have about 850, against 707 on map listings. There is one business with payroll in the industry for every 508 households, against one for every 414 across the U.S. The official count rose 6.8% from 2019 to 2023, against +15.8% for the U.S.

How fast is Baltimore city, MD growing?

Population estimates put Baltimore city at 569,997 people in 2025, down 2.3% since 2020, against +3.1% for the U.S. It has 255,668 households. Median household income in Baltimore city is $62,177, 23% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 23.4%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Baltimore city scores 31 for real estate businesses (lower middle), #2,034 of 2,229 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Baltimore city. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in Baltimore city

Screening a site or an acquisition in Baltimore city?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Baltimore city. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.