The story of this market
The typical home in ZIP 21037 sells for about $675,000, or $335 per square foot.
Prices are down 6.14% from a year ago, which gives buyers more room to negotiate. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $3,100 a month.
ZIP 21037 — Edgewater
The 21037 housing market shows resilience with a median sale price of $675,000, reflecting strong demand despite a slight year-over-year price adjustment. Low inventory levels and a competitive sale-to-list ratio indicate a tight market, though rising days on market suggest a cooling from peak frenzy. The area remains highly desirable due to its waterfront access and proximity to Annapolis.
This area is ideal for families and professionals seeking a suburban, water-oriented lifestyle with convenient access to Annapolis and regional employment hubs.
Median prices moved down 6.1% year over year.
Homes spend a median of 37 days on market with 1.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 4.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 21037, Anne Arundel County MD
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Anne Arundel County Public Schools system, which generally maintains a solid reputation within the region.
The ZIP code is located in a coastal area of Anne Arundel County, making it susceptible to flood risks and storm surge, which influences local insurance premiums.
The area benefits from its proximity to Annapolis and the Baltimore-Washington corridor, with steady demand for residential development and limited new land availability.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
Residents primarily commute via MD-2 and US-50 toward Annapolis, Baltimore, and Washington D.C., with commute times varying significantly based on traffic congestion.
The area features extensive access to the South River and Chesapeake Bay, with numerous marinas, local parks like Mayo Beach Park, and proximity to shopping centers in Edgewater.
The rental market is characterized by high demand and limited inventory, with rents trending upward due to the area's desirability and proximity to the water.
The local economy is driven by proximity to the state capital, Annapolis, with significant employment in government, professional services, and the maritime industry.
Transportation is heavily reliant on private vehicles, with MD-2 serving as the primary arterial road connecting the area to the broader regional highway network.
Development is largely focused on infill residential projects and the revitalization of existing commercial corridors in Edgewater.
The Anne Arundel County Office of Finance and Assessment manages property valuations, typically reassessing properties on a three-year cycle.
Parcels are subject to Anne Arundel County property taxes and may fall within specific utility service districts for water and sewer.
Property insurance premiums are influenced by the area's coastal geography and associated flood risk profiles.
Data retrieved from US Census Bureau ZCTA profile for 21037.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
A popular waterfront park offering beach access and picnic areas.
Provides extensive boating, fishing, and recreational water activities.
A primary retail hub serving the local community with various dining and service options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.