The housing market in Annapolis Neck, MD is a lucrative one with the median value of homes being $703,200. This is more than double the US House Median Value of $338,100 and shows that this neighborhood is well sought after. What's more impressive is that the US 1 year House Appreciation rate is 8.27%, however, in Annapolis Neck it has been 15.63%. This demonstrates how highly desirable this area is and speaks to the potential for further capital growth in the near future.
The median home cost in Annapolis Neck is $703,200. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Annapolis Neck is up 10.9%.
Average Age of Homes
- The median age of Annapolis Neck real estate is 36 years old
The Rental Market in Annapolis Neck
- Renters make up 13.1% of the Annapolis Neck population
- 0.5% of houses and apartments in Annapolis Neck, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.