Baltimore Real Estate Market Update: Q1 2026
Inventory is tightening, prices are holding, and investor activity is picking up. Here’s what we’re seeing on the ground.
Our home state. We built Pimlico here.
Pimlico Capital was founded in Baltimore, and Maryland is where we've closed more loans than anywhere else. We know the rowhouse-by-rowhouse differences between Hampden and Patterson Park, the flip margins in Dundalk, and which ground rents in Baltimore City will trip up a new investor. If you're investing in Maryland real estate, you're working with the local lender.

Both of our core products are available statewide to investors and entities (LLCs, corps, trusts). No owner-occupied loans.
Where Pimlico Capital has an active book and on-the-ground knowledge in Maryland.
Rowhouses in Canton, Fells Point, Federal Hill, Hampden, Remington, Patterson Park, Highlandtown, and Brewers Hill. Plus rehab and Section 8 rental plays in the Northeast, West, and East sides. See our dedicated Baltimore page →
Flips and rentals in Dundalk, Essex, Middle River, Towson, Pikesville, Catonsville, Rosedale, and Parkville. See our dedicated Baltimore page →
Glen Burnie, Pasadena, Severn, Odenton, and water-adjacent flips in Annapolis.
Columbia, Ellicott City, Bel Air, Aberdeen. Newer stock, higher price points, DSCR rental sweet spot.
Silver Spring, Hyattsville, Bowie, Laurel, Wheaton: DC-commuter demand.
Salisbury, Ocean City, Cambridge. Short-term-rental and workforce-housing strategies.
The DC Metro — Washington DC, Northern Virginia, and suburban Maryland — is one of the most competitive real estate investment markets in the country. Properties move fast, sellers expect cash-like closings, and conventional lenders can't compete on speed. See our dedicated Washington, DC page →
Pimlico Capital closes hard money loans in Washington DC and the broader DMV market in as few as 5 business days. Our in-house underwriting and direct capital mean no broker delays, no committee approvals, and no surprises at closing.
We fund fix-and-flip projects, BRRRR strategies, and value-add acquisitions across DC, Arlington, Alexandria, Bethesda, Silver Spring, Rockville, and throughout the surrounding counties.
A non-exhaustive list of the state- and city-specific things we deal with every day.
A national lender with a call center won't know that a Baltimore rowhouse needs a ground-rent redemption, or that Charleston STR zoning has three tiers. We've closed thousands of deals — and we've hit (and learned from) every local curveball.
Get a quote online or call us. We'll size the deal in 24 hours.
Our in-house team underwrites with local knowledge, not a scoring algorithm.
5–10 business days for bridge, 3–4 weeks for 30-year rental.
Market updates, neighborhood breakdowns, and real Baltimore deals from our team. See every market we serve on our Where We Lend page.
Inventory is tightening, prices are holding, and investor activity is picking up. Here’s what we’re seeing on the ground.
As Baltimore-based hard-money lenders, we keep close tabs on our own backyard. Here's why we believe Baltimore is one of the most compelling investor markets in the Mid-Atlantic.
For a relatively small coastal state, Maryland has an incredibly diverse landscape — urban, suburban, and rural — with bedroom communities forming a densely populated corridor between Baltimore and DC.
Where Baltimore investors look, what to watch for, and the real trade-offs.
We walk through every number on a recent Patterson Park flip: purchase, rehab, holding costs, and exit.
55+ investor guides covering DSCR, bridge loans, fix-and-flip, BRRRR, market updates, and more.
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