The housing market in Annapolis, MD (zip code 21401) is booming. According to recent data, the median value of homes in Annapolis is $532,500, far higher than the US median of $338,100. Furthermore, the appreciation rate of homes in Annapolis is 16.06%, much greater than the US rate of 8.27%. This shows that real estate in this area has been skyrocketing over the past year, making it an ideal place to invest for those looking for high returns on their property investments.
The median home cost in Annapolis (zip 21401) is $532,500. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Annapolis (zip 21401) is up 10.9%.
Average Age of Homes
- The median age of Annapolis (zip 21401) real estate is 34 years old
The Rental Market in Annapolis (zip 21401)
- Renters make up 35.0% of the Annapolis (zip 21401) population
- 1.6% of houses and apartments in Annapolis (zip 21401), 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.