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Short Sale Listings in Annapolis, MD

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Living in Annapolis, MD

Annapolis, MD offers a unique blend of rich history, beautiful waterfront views, and a lively cultural scene. The city is home to excellent educational institutions, abundant parks, and a supportive small-business community. With its convenient transportation options and close proximity to major cities, Annapolis has become an attractive location for both residents and investors.

Current Market Conditions in Annapolis, MD

The real estate market in Annapolis is competitive, with rising demand for homes in this historic city. Recent trends show an increase in home prices, reflecting the area's desirability due to its waterfront lifestyle, educational opportunities, and vibrant cultural scene. Investors are increasingly looking at both single-family homes and multi-family units as viable options for rental income.

With a balanced mix of historic charm and modern conveniences, Annapolis is seeing a steady influx of buyers from nearby urban centers. This ongoing demand has led to a tight housing inventory, making it crucial for investors to act quickly in securing properties that offer potential for appreciation.

Home Value Estimator For Annapolis, MD

There are currently 34,831 real estate properties in Annapolis, MD, with a median automated valuation model (AVM) price of $602,298.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Annapolis, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Annapolis, MD, is $854,024.00, with the most expensive house in Annapolis, MD, topping out at $182,383,696.00 and the cheapest home in Annapolis, MD, clocking in at $14,522.00. In other words, there’s something for every potential homebuyer or savvy investor in Annapolis, MD!

Rent Prices In Annapolis, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Annapolis, MD, is on a rollercoaster ride. The average rent price in Annapolis, MD, is $2,360.00. Indeed, when looking to rent in Annapolis, MD, you can expect to pay as little as $1,030.00 or as much as $5,880.00, with the average rent median estimated to be $2,210.00. The good news is that finding an affordable and desirable property to rent in Annapolis, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Annapolis, MD Short Sale Listings

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