The story of this market
The typical home in ZIP 21403 sells for about $654,806, or $350 per square foot.
Prices are down 1.5% from a year ago, which gives buyers more room to negotiate. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $2,144 a month.
ZIP 21403 — Annapolis
The 21403 housing market remains competitive with a median sale price of approximately $655,000, reflecting a slight year-over-year cooling. Demand is supported by the area's desirable waterfront location and proximity to Annapolis, though inventory remains tight. Market conditions are currently balanced, with homes selling in about 33 days.
This ZIP is ideal for families, maritime professionals, and commuters who value waterfront access and proximity to historic Annapolis, though the high price point may challenge first-time buyers.
Median prices moved down 1.5% year over year.
Homes spend a median of 33 days on market with 0.1 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 99.7% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.9% · 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 21403, 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 stable reputation within the region.
The area faces coastal flood risks due to its proximity to the Chesapeake Bay and Spa Creek, necessitating standard flood insurance considerations.
The area benefits from its proximity to the Maryland state capital, with a strong local economy anchored by maritime industries, government, and tourism.
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 typically commute toward Annapolis or Baltimore via major corridors like US-50 and I-97, with transit options primarily limited to regional bus services.
The ZIP features extensive waterfront access, including marinas, yacht clubs, and parks like Quiet Waters Park, alongside the historic shopping and dining districts of Eastport and downtown Annapolis.
The rental market is characterized by steady demand driven by the proximity to the Naval Academy and maritime employment, with a mix of long-term and seasonal rental activity.
The economy is anchored by the U.S. Naval Academy, state government operations, and a robust maritime and tourism sector.
The area is served by a network of local roads connecting to US-50, providing primary access to the broader Baltimore-Washington metropolitan region.
Development is largely focused on infill and waterfront revitalization projects within the Eastport and Annapolis peninsula areas.
The Anne Arundel County Office of Finance and Assessment manages property valuations and tax billing for the jurisdiction.
Parcels are subject to Anne Arundel County property taxes and various utility service districts for water and sewer.
Property insurance premiums are influenced by coastal hazard exposure, with flood insurance often required for waterfront properties.
Data retrieved from US Census Bureau ZCTA 21403 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.
Large waterfront park with trails, gardens, and ice skating.
Historic maritime neighborhood with eclectic shops and dining.
Major maritime facility serving the local boating community.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 17.8% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.