Annapolis Neck, MD
Housing market overview · Updated weekly
$837,500median sale price
Homes sold
12
Last 12 weeks
Days on market
74
Average pace
Active listings
24
2.0 months supply
Sale-to-list
99.3%
Below asking
Annapolis Neck, MD housing market analysis
The Annapolis Neck housing market is currently classified as a balanced market with a median sale price of $837,500. Prices have increased 10.1% compared to last year, reflecting continued demand and limited supply putting upward pressure on home values across the area. Homes in Annapolis Neck spend an average of 74 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 2.0 months of supply, inventory in Annapolis Neck is tight. A balanced market typically has 4–6 months of supply, so the current level strongly favors sellers. Buyers should expect competitive bidding situations and may need to make offers quickly, sometimes above asking price, to secure a home. The average sale-to-list price ratio stands at 99.3%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 24 active listings in Annapolis Neck, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 10 in the most recent period, which indicates healthy turnover and fresh opportunities for buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Annapolis Neck as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Annapolis Neck with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
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Frequently asked questions
What is the average home price in Annapolis Neck?
The median home sale price in Annapolis Neck is $837,500, up 10.1% from last year.
How long do homes stay on market in Annapolis Neck?
Homes typically spend 74 days on market before going under contract.
Is Annapolis Neck a buyer's or seller's market?
With 2.0 months of supply, Annapolis Neck is currently a balanced market.
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