Foreclosure Homes in Annapolis, MD 21402

Current Market Conditions in Annapolis, MD

The real estate market in Annapolis is currently experiencing a moderate level of activity with steady demand for homes. As a city with both historical significance and modern amenities, it attracts buyers looking for both primary residences and vacation properties.

In recent months, there has been a notable increase in home prices due to limited inventory and a higher demand from families and professionals seeking to relocate. The average days on the market for homes have decreased, indicating a competitive real estate environment.

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.