Hampden

Baltimore, MD

Neighborhood Market Analysis

Q3 2025 Report
$335,000 (June 2025)
Median Home Price
85–90 (Very Walkable)
Walkability Score
Public schools are average to above average for Baltimore City; some families opt for charter or private options.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Wyman Park to the east, Falls Road to the west, 41st Street to the north, and 36th Street (The Avenue) to the south.

Zip Codes

21211

Market Data Summary

Price Range$250,000–$500,000+ (varies by size, condition, and location)
Price per Sq Ft$240–$300/sqft (2025)
Inventory Levels39 homes for sale in June 2025, up from 22 in May 2025 (+77% MoM)[3].

Property Characteristics

Home Types & Architecture

Home Types

RowhomesTownhousesDetached single-family homesCondos (limited)

Architectural Styles

VictorianEarly 20th-century rowhousesIndustrial loft conversions

Property Details

Typical Lot SizesSmall urban lots, typically 0.03–0.07 acres
Home Age RangeLate 1800s–early 1900s (majority), with some newer infill and renovated properties
Construction QualityMix of historic charm and modern renovations; many homes updated but some require work.

Community Profile

Demographics & Lifestyle

Demographics

Diverse mix of young professionals, artists, families, and long-time residents; median age skewed younger than city average.

Community Vibe

Eclectic, artsy, and tight-knit; strong sense of local pride and neighborhood identity.

Typical Residents

  • Young professionals
  • Artists/creatives
  • Families with young children
  • Long-term residents

Family Friendly

Moderately family-friendly; parks and playgrounds nearby, but urban density and nightlife may not suit all families.

Amenities & Lifestyle

Parks & Recreation

  • Wyman Park Dell
  • Roosevelt Park
  • Jones Falls Trail

Dining Options

  • The Food Market
  • Golden West Cafe
  • Rocket to Venus
  • Bluebird Cocktail Room

Shopping Centers

  • 36th Street (The Avenue) retail corridor
  • Local markets and specialty shops

Local Businesses

  • Independent boutiques
  • Vintage shops
  • Art galleries
  • Coffee shops

Education & Schools

Public schools are average to above average for Baltimore City; some families opt for charter or private options.
Overall School Rating

Elementary Schools

  • Medfield Heights Elementary
  • Hampden Elementary/Middle

Middle Schools

  • Hampden Elementary/Middle

High Schools

  • Baltimore Polytechnic Institute
  • Western High School

Private Schools

  • The Waldorf School of Baltimore (nearby)
  • Friends School of Baltimore (accessible)

Transportation & Accessibility

Transit & Roads

Public Transit

  • MTA Light Rail (Woodberry/Hampden stop)
  • Bus lines 34, 91, 22

Major Roads

  • Falls Road
  • I-83 (Jones Falls Expressway)

Commute & Walkability

Commute Times10–20 minutes to downtown Baltimore by car or light rail; 35–45 minutes to BWI Airport.
WalkabilityVery walkable; most errands and amenities accessible on foot.
ParkingStreet parking can be tight, especially near The Avenue and during events.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Creative/tech workers
  • Investors
  • Urban families

Key Selling Points

  • Eclectic neighborhood vibe
  • Walkable to shops, dining, and parks
  • Strong community identity
  • Easy access to downtown and I-83

Pricing Considerations

Price competitively given increased inventory; highlight move-in-ready condition and upgrades.

Common Objections & Response Strategies

Objection: Older homes may need repairs or updates.

Response Strategy:

Highlight recent renovations, available home warranties, and the value of historic character.

Objection: Street parking is limited.

Response Strategy:

Emphasize walkability, proximity to transit, and potential for off-street parking in select homes.

Objection: Noise from nightlife or events.

Response Strategy:

Point out quieter side streets and double-pane windows; schedule showings during different times of day.

Investment Insights

Investment Potential

Appreciation Potential

Steady, moderate appreciation (2–3% annually); strong long-term prospects due to neighborhood desirability and ongoing revitalization[1][4].

Rental Demand

High, driven by proximity to universities, hospitals, and downtown.

Buyer Competition

Moderate; increased inventory in 2025 has eased bidding wars, but desirable homes still move quickly.

Best For

  • First-time buyers
  • Young professionals
  • Investors seeking rental income
  • Buyers seeking walkable urban lifestyle

Potential Concerns

  • Older homes may require repairs/updates
  • Street parking limitations
  • Occasional noise from nightlife

Professional Recommendations

1

Stay up-to-date on inventory shifts and pricing trends; increased listings mean more negotiation leverage for buyers.

2

Highlight the neighborhood's unique culture and walkability in all marketing materials.

3

Prepare for questions about home age and maintenance; have contractor contacts and inspection resources ready.

4

Leverage local events and businesses for open houses and community engagement.

5

Advise sellers to price competitively and stage for maximum appeal given increased competition.

Competitive Analysis

Comparable Markets

  • Remington
  • Charles Village
  • Medfield

Market Positioning

Trendy, walkable, and community-oriented urban neighborhood with broad appeal.

Competitive Advantages

  • Stronger walkability and retail/dining scene than Medfield
  • More affordable than Federal Hill or Canton
  • Distinctive arts/culture identity

Price Comparison

Slightly below citywide median for trendy neighborhoods; more affordable than waterfront areas, pricier than some North Baltimore suburbs.

Investment Metrics

5–6% for well-located rental properties (2025)
Cap Rates
4.5–5.5% gross yields typical
Rental Yields
15–18 (favorable for investors seeking long-term appreciation)
Price-to-Rent
Positive cash flow possible with strategic purchase and management
Cash Flow
2–3% annual appreciation expected through 2026[1][4].
Appreciation

Buyer Journey Insights

First-Time Buyers

Appealing due to affordability, walkability, and vibrant culture; down payment assistance available[2].

Move-Up Buyers

May seek larger or renovated homes; limited inventory of detached homes or larger lots.

Downsizers

Attracted to low-maintenance rowhomes and proximity to amenities; may need to adjust to urban density.

Investors

Strong rental demand and moderate cap rates; value-add opportunities in older homes.

Relocators

Drawn by unique neighborhood identity, access to downtown, and strong local businesses.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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