Annapolis, MD Market Conditions
Real Estate Tool
There’s a real estate tool called Neighborhood Scout that helps investors learn about real estate patterns. This tool shows the most popular neighborhoods, the home sizes, the type and ages of homes, and much more demographic information.
I decided to look up Annapolis, Maryland, since that’s my local area. Here’s some snapshot data:
The highest appreciating neighborhood since 2000 is Eastport
The median home value is $516,422
The average market rent is 2,107 per month
42.2% of homes were built between 1970-1999
Single family homes is the largest type of home at 37.1%
The most popular home has 3 bedrooms
Home ownership rate is 48.5%
Since 2000 home appreciation rate is up 96.92% with an average annual rate of 3.58%
Here is a list of popular neighborhoods in Annapolis, MD:
United States Naval Academy King George Street
Weems Creek Bestgate Annapolis MD
City Center St. John’s College
Saint Margaret’s Beachwood on the Burley
I hope you found these Annapolis housing facts as enjoyable as I do.
Happy house hunting!
Linda Pelton Realtor® is a real estate agent in the Annapolis, MD area. With over 20 years of professional real estate experience, I have contacts that can help you sell or buy your home. These include lenders, lawyers, and title companies.
If you have any questions, such as how do you appraise my home, or how do I pay you to represent me when I am a buyer, please shoot me an email, or give me a call. I will be happy to go over all your concerns.