What is the median home price in Penrose-Fayette Street, Baltimore?

The median home price in Penrose-Fayette Street is $54,250, down 22% year-over-year. Homes sell in a median of 34 days. The sale-to-list ratio is 131.68%.

How much does it cost to sell a home in Penrose-Fayette Street?

On a $54,250 home in Penrose-Fayette Street, a traditional agent charges around 3% — about $1,628. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save -$1,872 while getting MLS listing and expert support.

How long does it take to sell a home in Penrose-Fayette Street?

The median home in Penrose-Fayette Street spends 34 days on market. 30% of listings go pending within two weeks. 8 homes sold recently in this neighborhood.

Is Penrose-Fayette Street a good neighborhood to sell in right now?

Penrose-Fayette Street had 8 homes sell recently at a median of $54,250. Sellers are getting 131.68% of their asking price. 50% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Maryland/Baltimore

Penrose-Fayette Street · Baltimore, MD

Is Now a Good Time to Sell in Penrose-Fayette Street, Baltimore?

The median home in Penrose-Fayette Street sells for $54,250 with prices down 22% year-over-year. Save thousands with Ridley's flat fee.

Penrose-Fayette Street Real Estate Market Conditions

63out of 100

Ridley Sell Score

How it's scored →

Moderate

63/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Penrose-Fayette Street market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Maryland average is 2.7.

Price MomentumFavors buyers

Prices down 22.5% year-over-year — vs. +3.9% statewide.

Seller LeverageFavors sellers

Homes selling at 131.68% of asking — sellers are getting 31.7% above list on average. Maryland average is 99%.

Bidding ActivityFavors sellers

50% of homes selling above list price — 87% above the Maryland average of 26.8%.

Sale SpeedFavors sellers

34 median days on market — 25 days faster than the Maryland average.

Market UrgencyNeutral

30% of listings go pending within 2 weeks — vs. 36.3% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Maryland average is 24.8%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$54,250

-22%

Days on Market

Price per Sq Ft

$77

Sale-to-List Ratio

131.68%

Homes Sold

Sold Above List

50%

Pending in 2 Weeks

30%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Baltimore — delivered monthly.

Your savings

How much can you save selling in Penrose-Fayette Street?

$0Estimated savings

That covers your moving costs — save -3.4% of your home value

Your Penrose-Fayette Street home value

$54,250

$50,000$10M

Traditional Agent (3%)

$1,628

Ridley Pro (flat fee)

$3,499

Ready to sell in Penrose-Fayette Street?

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Cost comparison

Cost to sell in Penrose-Fayette Street

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$1,628	$3,499	$999
Buyer agent	$1,5192.8% avg	$1,085~2% avg	$1,085~2% avg
Closing costs (~1.5%)	$814	$814	$814
Total cost	$3,961	$5,398	$2,898
You save	—	-$1,871	$629

Based on the Penrose-Fayette Street median home price of $54,250. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Penrose-Fayette Street

A flat fee of $3,499 instead of the typical $3,499 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Penrose-Fayette Street market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Penrose-Fayette Street buyers look — plus a custom Ridley listing page with AI chat.