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Real Estate Prices & Overview

Upper Fells Point median real estate price is $391,809, which is less expensive than 64.0% of Maryland neighborhoods and 48.1% of all U.S. neighborhoods.

The average rental price in Upper Fells Point is currently $3,147, based on Ä¢¹½ÊÓÆµ's exclusive analysis. The average rental cost in this neighborhood is higher than 70.8% of the neighborhoods in Maryland.

Upper Fells Point is a densely urban neighborhood (based on population density) located in Baltimore, Maryland.

Upper Fells Point real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Upper Fells Point neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Upper Fells Point has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Baltimore, the Upper Fells Point neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The Upper Fells Point neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.8% of the neighborhoods in America. In fact, 87.6% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Real Estate

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Upper Fells Point neighborhood could be your paradise. With 76.3% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.3% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

In addition, if you like crowded places, then you will probably enjoy the the Upper Fells Point neighborhood. According to Ä¢¹½ÊÓÆµ's exclusive data analysis, this neighborhood is more densely populated than 96.6% of neighborhoods in the U.S., with 28,017 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to Ä¢¹½ÊÓÆµ's exclusive and first quantitative walkable score index, the Upper Fells Point neighborhood is one of the most walkable neighborhoods in America.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Upper Fells Point neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 88.4% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.9% of the neighborhoods in the United States.

People

Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. Ä¢¹½ÊÓÆµ's research revealed that a full 84.4% of the adults living in the Upper Fells Point neighborhood have earned at least a bachelor's degree. This is a higher rate than Ä¢¹½ÊÓÆµ found in 98.8% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

In addition, upper Fells Point has the amazing distinction of housing more same sex couples living together than 98.7% of neighborhoods in the U.S. If you are seeking such a neighborhood, Ä¢¹½ÊÓÆµ's analysis shows that this is one place that you should consider.

Also, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Upper Fells Point neighborhood: a neighborhood in which more "urban sophisticates" live than 97.2% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals and first-time home buyers.

Modes of Transportation

A unique way of commuting is simply not to. And in the Upper Fells Point neighborhood, analysis shows that 33.0% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 96.6% of the neighborhoods in the United States. One thing Ä¢¹½ÊÓÆµ's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.4% of residents in the Upper Fells Point neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.6% of all neighborhoods in the U.S., according to Ä¢¹½ÊÓÆµ's exclusive analysis.

Finally, in the Upper Fells Point neighborhood, walking to work is a real option for many. In fact, Ä¢¹½ÊÓÆµ's exclusive research reveals walking to and from work is the chosen way to commute for 12.2% of residents here. This is a higher proportion of walking commuters than we found in 96.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. Ä¢¹½ÊÓÆµ's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Upper Fells Point neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Upper Fells Point neighborhood has more Slovak and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Slovak ancestry and 8.7% have Puerto Rican ancestry.

Upper Fells Point is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. Ä¢¹½ÊÓÆµ's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Upper Fells Point neighborhood in Baltimore are upper-middle income, making it an above average income neighborhood. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 81.3% of the neighborhoods in America. In addition, 9.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 51.4% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Upper Fells Point neighborhood, 87.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 7.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (6.4%), and 3.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Upper Fells Point neighborhood is English, spoken by 84.4% of households. Some people also speak Spanish (11.2%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Upper Fells Point neighborhood in Baltimore, MD, residents most commonly identify their ethnicity or ancestry as Irish (16.7%). There are also a number of people of German ancestry (10.4%), and residents who report English roots (9.4%), and some of the residents are also of Italian ancestry (9.2%), along with some Puerto Rican ancestry residents (8.7%), among others. In addition, 11.2% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Upper Fells Point neighborhood spend between 15 and 30 minutes commuting one-way to work (34.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (46.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (12.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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