Is Annapolis, MD 21405 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Annapolis is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list100%Sold price ÷ list price

Median days on market0Listing to accepted offer

Median price per sq ft$807▼ −38.4% vs. last year

The Annapolis housing market right now

In the three months ending August 31, 2026, 0% of homes in Annapolis, MD 21405 sold above their list price and the typical home went under contract in 0 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then) and the median sale price rose 78% to $3,248,594. Overall, Annapolis is about as competitive as it was a year ago.

Within Anne Arundel County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Linthicum Heights 21090 (49% sold over asking) and Severna Park 21146 (47% sold over asking) are even more competitive.

About the area

Anne Arundel County, MD

Population	495
Median income	$160,703
Average income	$170,219
Median home value	$986,100
Owner-occupied	95% of homes
Median year built	1947

Natural hazard riskWinter storms (relatively high), flooding (moderate), hurricanes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 21405; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 21405

Prefilled for 21405Can I win this house?Multiple-offer likelihood for a listing Prefilled for 21405Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Annapolis 21401Seller’s market $331 /sq ft Annapolis 21403Seller’s market $366 /sq ft Annapolis 21409Seller’s market $286 /sq ft Arnold 21012Seller’s market $270 /sq ft Browse all markets →

Where Annapolis is

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Questions about Annapolis real estate

How fast do homes sell in Annapolis?

The typical home went under contract in 0 days in the latest three months.

Do homes in Annapolis sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Annapolis?

About 0.85% of a home’s value a year in Anne Arundel County, or roughly $3,400 on a $400,000 home.

What is the median home price in Annapolis?

The median sale price was $3,248,594 in the three months ending August 31, 2026, about $807 per square foot.

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More tools for 21405

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Anne Arundel County property taxes Anne Arundel County loan limits Closing costs in Maryland Hottest ZIP codes in Maryland

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology