Housing Market in Annapolis

Annapolis's 2026 housing market runs genuinely expensive and genuinely tight: Zillow's average home value ran $633,333 as of mid-2026, up a real 2.0% year-over-year, with just 2.8 months of inventory -- among the tightest readings in one regional dataset reviewed, and well above both Maryland statewide and national medians.

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A Genuinely Expensive Market, With a Real, Disclosed Cross-Source Spread

Zillow's average Annapolis home value ran $633,333 as of mid-2026, up 2.0% year-over-year, while Houzeo separately cited a somewhat lower $595,000 median home price (up a modest 0.14% year-over-year) and one brokerage cited a spring-2026 range of $618,000-$665,000 -- a real, disclosed spread across sources that nonetheless all sit meaningfully above both Maryland statewide and national medians.

Genuinely Tight Inventory Supports Continued Price Pressure

Inventory ran approximately 2.8 months as of this pass -- among the tightest readings in one regional dataset reviewed -- a real, current seller's market condition that supports continued upward price pressure and favors sellers and well-prepared buyers over those still shopping for financing.

Prices Likely Vary Meaningfully by Specific Neighborhood

As detailed on the best-areas topic page, Annapolis spans everything from the premier waterfront Eastport peninsula (median home price approximately $598,000) to the historic Murray Hill and West Annapolis/Wardour neighborhoods -- buyers should research a specific target neighborhood's own current listing data directly rather than anchoring to the citywide average alone.

Confirm a Waterfront or Low-Lying Property's Flood Exposure Directly

As detailed on the flood-hurricane-risk topic page, Annapolis carries real, documented, recurring tidal flooding concentrated around City Dock and the waterfront -- buyers considering a waterfront or low-lying property should confirm current FEMA flood-zone status and flood-insurance costs directly before making an offer.

This Record Relied on Multiple, Disclosed Sources Rather Than One Reconciled Figure

Given the real, disclosed spread across Zillow, Houzeo, and brokerage-cited figures documented above, confirm current, specific listing and sale data directly for a target property or neighborhood rather than relying on any single cited average.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.