What is the Best Neighborhoods USA ranking for Cedmont?
Cedmont is ranked #164 of 235 eligible neighborhoods in Baltimore; #199 of 273 eligible neighborhoods in MD; and #13,314 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Cedmont
Baltimore, MD | Baltimore City
Scored premium profile
Best Neighborhoods USA Index
31.0
Stability and Strength
41.3
Value Opportunity
22.6
Momentum
26.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Baltimore, MD |
| County | Baltimore City |
| National rank | #13,314 of 14,967 |
| State rank | #199 of 273 |
| City rank | #164 of 235 |
| County rank | #164 of 235 |
| National percentile | 11.0 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $248,918 |
| Year-over-year home value change | -1.8% |
| Month-over-month home value change | -0.18% |
| Home value to income ratio | 17.16 |
| Median household income | $14,507 |
| Bachelor's degree or higher | 16.9% |
| Civilian unemployment rate | 3.1% |
| Homeownership rate | 78.0% |
| Housing vacancy rate | 4.2% |
| Rent burden 30% or higher | 49.2% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Cedmont
Is Cedmont one of the best neighborhoods in Baltimore?
Cedmont has a Best Neighborhoods USA Index of 31.0 and a city ranking of #164 of 235 eligible neighborhoods in Baltimore.
How much are homes worth in Cedmont?
The current Zillow Home Value Index for Cedmont is approximately $248,918.
Are home values rising or falling in Cedmont?
Zillow neighborhood values changed -1.8% year over year and -0.18% month over month.
What is the Neighborhood Momentum Score for Cedmont?
Cedmont has a Neighborhood Momentum Score of 26.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Cedmont?
The NDS-derived neighborhood median household income is approximately $14,507.
How affordable is Cedmont relative to household income?
The current Zillow home-value-to-household-income ratio is 17.16. Price-to-income affordability is a major Value Opportunity input.
Is Cedmont primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 78.0%.
What is the unemployment rate in Cedmont?
The NDS-derived civilian unemployment rate is approximately 3.1%.
How educated are residents of Cedmont?
Approximately 16.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Cedmont face high rent burden?
Approximately 49.2% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Cedmont?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications116
Estimated originations52
Home-purchase applications52
Origination rate45.2%
Home-purchase share44.7%
Average application loan$197,835
Total application loan amount$22,911,709
National application rank#3,786 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 15.2% YoY; originations 8.5% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.