Annapolis, MD Housing Market
The Annapolis housing market is very competitive. Homes in Annapolis receive 5 offers on average and sell in around 19 days. The median sale price of a home in Annapolis was $614K last month, up 7.6% since last year. The median sale price per square foot in Annapolis is $312, up 1.8% since last year.
Annapolis Housing Market Trends
In April 2024, Annapolis home prices were up 7.6% compared to last year, selling for a median price of $614K. On average, homes in Annapolis sell after 19 days on the market compared to 26 days last year. There were 66 homes sold in April this year, up from 53 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 about 1% above list price and go pending in around 23 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 2% above list price and go pending in around 19 days.
- Hot homescan sell for about 6% above list price and go pending in around 2 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 20 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 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
- $691,000 Last Sold Price3 beds2 baths2,185 sq ft955 Heather Way, Annapolis, MD 21401(410) 263-9105List Price$689,900Sale to List0% over listDays on Market19 days955 Heather Way, Annapolis, MD 21401
- $536,000 Last Sold Price4 beds3.5 baths2,465 sq ft1158 August Dr, Annapolis, MD 21403List Price$514,900Sale to List4% over listDays on Market33 days1158 August Dr, Annapolis, MD 21403
- $577,000 Last Sold Price3 beds2 baths1,249 sq ft1025 Hyde Park Dr, Annapolis, MD 21403(410) 260-0202List Price$550,000Sale to List5% over listDays on Market69 days1025 Hyde Park Dr, Annapolis, MD 21403
- $400,000 Last Sold Price2 beds1 bath760 sq ft10 Locust Ave, Annapolis, MD 21401(410) 263-8686List Price$450,000Sale to List11% under listDays on Market127 days10 Locust Ave, Annapolis, MD 21401
- $537,500 Last Sold Price4 beds3 baths2,044 sq ft512 Wood Duck Ln, Annapolis, MD 21409List Price$519,000Sale to List4% over listDays on Market33 days512 Wood Duck Ln, Annapolis, MD 21409
- $36,000 Last Sold Price—beds—baths—sq ftReserved Parcels, Annapolis, MD 21401(410) 822-6272List Price$49,500Sale to List27% under listDays on Market19 daysReserved Parcels, Annapolis, MD 21401
- $32,552 Last Sold Price—beds—baths—sq ft2627 Greenbriar Ln, Annapolis, MD 21401(410) 822-6272List Price$29,700Sale to List10% over listDays on Market20 days2627 Greenbriar Ln, Annapolis, MD 21401
- $720,000 Last Sold Price2 beds2 baths1,428 sq ft318 Chesapeake Ave, Annapolis, MD 21403(410) 972-4000List Price$750,000Sale to List4% under listDays on Market49 days318 Chesapeake Ave, Annapolis, MD 21403
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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Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Severe
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Transportation in Annapolis
Walk Score®
Transit Score®
Bike Score®
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