The story of this market
The typical home in ZIP 21403 sells for about $669,557, or $362 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $2,450 a month.
This ZIP has no home sales of its own, so its market figures come from Annapolis, Maryland (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 21403 — Annapolis
The 21403 housing market is currently balanced, with steady inventory and rising home values. Demand remains supported by the area's desirable coastal location and proximity to major employment hubs in Annapolis and the D.C. metro region.
This ZIP is well-suited for families and professionals who value waterfront living and proximity to the Annapolis employment core, though it requires a higher budget due to premium home values.
Median prices moved up 1.2% year over year.
Homes spend a median of 40 days on market with 3.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 5.8% — 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
in-migration and out-migration balanced
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 competitive reputation within the region.
As a coastal community located on the Chesapeake Bay, the area faces risks related to tidal flooding and storm surges, necessitating flood insurance for many properties.
Economic momentum is driven by proximity to the state capital, the U.S. Naval Academy, and a strong concentration of professional, scientific, and technical service firms.
Property taxes are levied by Anne Arundel County and the City of Annapolis, with rates determined by annual assessments; special tax districts may apply to specific waterfront or planned communities.
Residents typically face a commute of approximately 31 minutes, with major access provided by U.S. Route 50 connecting to the Baltimore and Washington D.C. employment corridors.
The area features extensive waterfront access, including marinas and parks like Quiet Waters Park, alongside proximity to the historic shopping and dining districts of downtown Annapolis.
The rental market is characterized by high demand and rising prices, with a median rent of $2,950 and limited vacancy pressure.
The economy is anchored by government, education, and professional services, with significant employment provided by the U.S. Naval Academy and state government agencies.
Transportation is primarily automobile-dependent, with U.S. Route 50 serving as the primary artery for regional transit.
Development is focused on infill projects and the revitalization of existing residential and commercial corridors near the bay.
The Anne Arundel County Office of Finance and Assessment manages property valuations and tax collections.
Parcels may be subject to various special taxing districts, including those for water and sewer infrastructure or community-specific maintenance.
Property insurance premiums are influenced by the area's coastal exposure, with flood insurance often being a critical component of ownership costs.
Data sourced from SimpleMaps US Zips Comprehensive Database and ACS 2024.
A large waterfront park offering trails, gardens, and event spaces.
Provides extensive boating, fishing, and recreational opportunities.
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 17.9% 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. Validation: the flagged $653,500 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.