Annapolis, MD Foreclosures
How much do homes sell for in Annapolis, MD?
The average home price is currently $858,546.
In Annapolis, MD, how many homes are available?
There are currently 93 active home listings available in Annapolis.
What’s the average rental cost in Annapolis, MD?
The average rental price in Annapolis is $2,360.
What is the most expensive home in Annapolis?
The most expensive home sold in Annapolis had a price of $186,349,904.
What is currently the cheapest priced home in Annapolis, MD?
The cheapest home for sale in Annapolis is priced at $14,522.
Living in Annapolis, MD
Annapolis, Maryland, the state capital, is a vibrant city with a rich history and a strong maritime heritage. Nestled on the Chesapeake Bay, it offers stunning waterfront views, historic architecture, and a bustling downtown filled with shops and restaurants. Residents enjoy a blend of cultural activities, outdoor recreation, and a close-knit community atmosphere.
Current Market Conditions in Annapolis, MD
The Annapolis real estate market continues to thrive, characterized by increased demand and steady price growth. The city's unique blend of historical charm and modern amenities attracts both local buyers and newcomers. With its waterfront properties and proximity to Washington, D.C., the market remains competitive, especially for homes in desirable neighborhoods.
In the past few months, inventory has seen a slight increase, providing more options for buyers, yet demand remains high. The median home price has steadily risen, with properties often selling above their listing prices, indicating a strong seller's market.
Home Value Estimator For Annapolis, MD
There are currently 34,849 real estate properties
in Annapolis, MD,
with a median automated valuation model (AVM) price
of $606,356.00. 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 $858,546.00, with the most expensive house
in Annapolis, MD, topping out
at $186,349,904.00 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.
Learn more on Foreclosure homes
