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 $480K last month, down 21.4% since last year. The median sale price per square foot in Annapolis is $316, down 9.71% since last year.
What is the housing market like in Annapolis today?
In March 2024, Annapolis home prices were down 21.4% compared to last year, selling for a median price of $480K. On average, homes in Annapolis sell after 27 days on the market compared to 17 days last year. There were 54 homes sold in March this year, down from 62 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$480,000
-21.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Annapolis, MD
$480,000
-21.4%
United States
To compare other locations to the Annapolis and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Annapolis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Annapolis housing market?
Annapolis is very competitive. Homes sell in 29 days.
0
100
70
Very Competitive
Redfin Compete Score™
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 29 days.
Hot homes
can sell for about 3% above list price and go pending in around 8 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Annapolis
Explore recent offers and recently sold homes in Annapolis
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
West Annapolis Elementary School
Public • K-5
236
Students
5 reviews
4/10
Georgetown East Elementary School
Public • PreK-5
319
Students
5 reviews
3/10
Germantown Elementary School
Public • PreK-5
559
Students
16 reviews
2/10
Annapolis Elementary School
Public • PreK-5
236
Students
4 reviews
2/10
Monarch Academy Annapolis Elementary School
Public • K-5 • Choice school
656
Students
2 reviews
Only showing 5 of
10 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Major
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Annapolis has a major risk of flooding. 1,421 properties in Annapolis are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Annapolis. Flood risk is increasing faster than the national average.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
Annapolis has a moderate risk of wildfire. There are 2,142 properties in Annapolis that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in Annapolis.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Annapolis has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Annapolis is most at risk from hurricanes. 11,578 properties in Annapolis have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 115 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 132 mph.