Market Overview
Home Prices in Annapolis, MD
The median home value in Annapolis, MD is $633,333 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Annapolis are priced54% above average. Annapolis is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Annapolis home values have risen by approximately20.6%, reflecting strong long-term appreciation in this market.
Price History
Annapolis Home Price Trend
City Comparison
Annapolis vs. National Median
At $633,333, homes in Annapolis cost 54% above the national median of $410,000. Buyers in Annapolis should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Annapolis?
20% Down Payment
$126,667
on $633,333
Monthly P&I
$3,303/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,195/mo
incl. taxes & insurance
Income Needed
$167,800
gross annual (30% rule)
10% Down Option
$63,333
+ PMI applies
Loan Amount (20% dn)
$506,666
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Annapolis, MD?
The median home value in Annapolis is $633,333 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Annapolis?
Over the past year, home values in Annapolis have increased by 2%. Over five years, prices have risen approximately 20.6%.
How much do I need to earn to buy a home in Annapolis?
To comfortably afford the median home price of $633,333 with a 20% down payment ($126,667) at today's rates (6.8%), you'd need a gross annual income of approximately $167,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Annapolis compare to the national average home price?
The national median home value is approximately $410,000. At $633,333, homes in Annapolis are 54% above the national average.
What metro area is Annapolis part of?
Annapolis is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.