Annapolis, MD Housing Market
The Annapolis housing market is very competitive. Homes in Annapolis receive 5 offers on average and sell in around 27 days. The median sale price of a home in Annapolis was $483K last month, down 21.0% since last year. The median sale price per square foot in Annapolis is $311, up 1.5% since last year.
Annapolis Housing Market Trends
In March 2024, Annapolis home prices were down 21.0% compared to last year, selling for a median price of $483K. On average, homes in Annapolis sell after 27 days on the market compared to 17 days last year. There were 55 homes sold in March this year, down from 62 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Annapolis housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 27 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 28 days.
- Hot homescan sell for about 5% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 30 days.
- Hot homescan sell for about 3% above list price and go pending in around 9 days.
Annapolis Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Annapolis from outside metros.
- New York homebuyers searched to move into Annapolis more than any other metro followed by Hartford and Atlanta.
- 82% of Annapolis homebuyers searched to stay within the Annapolis metropolitan area.
- Salisbury was the most popular destination among Annapolis homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for Annapolis
Recent offers
View houses in Annapolis that sold recently
Recently sold homes
- $2,850,000 Last Sold Price3 beds3 baths2,373 sq ft1836 Cove Point Rd, Annapolis, MD 21401(410) 429-7425List Price$2,750,000Sale to List4% over listDays on Market174 days1836 Cove Point Rd, Annapolis, MD 21401
- $1,275,000 Last Sold Price5 beds4.5 baths4,852 sq ft650 Sean Dr, Annapolis, MD 21401(443) 372-7171List Price$1,275,000Sale to List0% over listDays on Market35 days650 Sean Dr, Annapolis, MD 21401
- $635,000 Last Sold Price2 beds2 baths1,298 sq ft5 Spa Creek Lndg Unit 5B3, Annapolis, MD 21403(410) 505-9700List Price$610,000Sale to List4% over listDays on Market32 days5 Spa Creek Lndg Unit 5B3, Annapolis, MD 21403
- $745,000 Last Sold Price3 beds2 baths2,544 sq ft3119 Starboard Dr, Annapolis, MD 21403(410) 224-0600List Price$699,900Sale to List6% over listDays on Market29 days3119 Starboard Dr, Annapolis, MD 21403
- $1,400,000 Last Sold Price3 beds2.5 baths2,209 sq ft371 Broadview Ln, Annapolis, MD 21401(410) 280-5600List Price$1,500,000Sale to List7% under listDays on Market20 days371 Broadview Ln, Annapolis, MD 21401
- $450,000 Last Sold Price—beds—baths—sq ft1238 Augusta Ave, Annapolis, MD 21403(410) 260-2800List Price$595,000Sale to List24% under listDays on Market95 days1238 Augusta Ave, Annapolis, MD 21403
- $2,800,000 Last Sold Price5 beds3.5 baths6,083 sq ft1109 Jenniper Ln, Annapolis, MD 21403(410) 260-2800List Price$2,775,000Sale to List1% over listDays on Market46 days1109 Jenniper Ln, Annapolis, MD 21403
- $570,000 Last Sold Price2 beds2 baths1,945 sq ft940 Astern Way #605, Annapolis, MD 21401(410) 263-8686List Price$575,000Sale to List1% under listDays on Market53 days940 Astern Way #605, Annapolis, MD 21401
See all recently sold homes in Annapolis.
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Schools in Annapolis
- Elementary
- Middle
- High
GreatSchools Rating
9/10 West Annapolis Elementary School Public • K-5 | 215 Students | 5 reviews |
4/10 Georgetown East Elementary School Public • PreK-5 | 308 Students | 5 reviews |
3/10 Walter S. Mills - Parole Elementary School Public • PreK-5 | 555 Students | 5 reviews |
3/10 Eastport Elementary School Public • PreK-5 | 283 Students | 8 reviews |
3/10 Germantown Elementary School Public • PreK-5 | 485 Students | 16 reviews |
Climate's impact on Annapolis housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Annapolis.
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Wind likelihood over time
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Transportation in Annapolis
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