The story of this market
The typical home in ZIP 21401 sells for about $674,800, or $325 per square foot.
Prices are roughly flat from a year ago (-0.03%), a market in balance. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $2,170 a month.
ZIP 21401 — Annapolis
The 21401 housing market is currently experiencing a cooling phase, with homes taking longer to sell compared to the previous year. While the median sale price remains relatively stable, the market is characterized by a high share of homes selling above list price, indicating persistent demand for well-priced inventory. The area remains a competitive, faster-moving market compared to broader regional averages.
This ZIP is well-suited for families, professionals, and commuters who value proximity to the historic and waterfront amenities of Annapolis while maintaining access to the broader Baltimore-Washington employment market.
Median prices moved down 0.0% year over year.
Homes spend a median of 34 days on market with 0.2 months of supply — a fast-moving market.
43% of listings have cut prices · homes sell at 100.7% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 7.0% — a stable, low-distress profile.
ZCTA 21401, Anne Arundel County, MD
The ratio of registered sex offenders to residents is lower than the state average, and residents generally describe the area as safe and pedestrian-friendly.
The area is served by the Anne Arundel County Public Schools system, with various public and private educational options available in the Annapolis vicinity.
The area features a mix of residential and commercial development, with proximity to Annapolis's historic downtown and major employment hubs in the Baltimore-Washington corridor.
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.
Commuters rely on major corridors like Forest Drive, which can experience significant congestion during peak hours, with limited public transit options primarily serving Annapolis and Baltimore.
The area offers access to historic downtown Annapolis, waterfront activities, boating events, street fairs, and various local parks and shopping districts within a 3-mile radius.
The rental market is characterized by a mix of apartments and townhouses with a median gross rent of $2,170; vacancy pressure is relatively low.
The economy is anchored by state government, the U.S. Naval Academy, tourism, and professional services, with a strong presence of retail and healthcare sectors.
The area is served by local bus routes connecting to Annapolis and Baltimore, with heavy reliance on personal vehicles for commuting via major regional highways.
Development is focused on infill and mixed-use projects within the Parole and Annapolis commercial corridors.
Parcels are subject to Anne Arundel County property tax assessments and standard municipal utility service districts.
Data retrieved from Census Reporter and ACS 5-year profiles.
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.
Features historic architecture, museums, and waterfront dining.
Major regional shopping destination located in the Parole area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.