Steeped in history, the city of Annapolis is located just 27 miles east of Washington, D.C. and 27 miles south of Baltimore on the Severn River. Best known as home of the United States Naval Academy, Annapolis is also a very family oriented community that offers the perfect balance of old style values and new modern architecture and decor.
Annapolis is the oldest incorporated city in Maryland and one of the oldest in the country. The entire downtown is a registered National Historic Landmark with more than sixty 18th Century structures. While history is important, the city has done a magnificent job of encouraging new real estate development and planning for the future. Annapolis and the fast-growing region surrounding it present outstanding business opportunities for development of new business as well as for growth of existing business. Strategically located between Baltimore and Washington, Annapolis businesses benefit greatly from the area's quality work force and transportation infrastructure. The area's amenities such as the Chesapeake Bay, the U.S. Naval Academy and the charming historic district all contribute to the quality of life relocating companies are looking for.
Annapolis Real Estate Market: Prices of Homes for Sale
To help with your Annapolis home search, use our free real estate information and mortgage tools while browsing our real estate listings. Find the home of your dreams, and make it happen with the help of Dave Therrien and his expert team of real estate agents. Also feel free to check out the area with the help of our demographics and schools page, and business directory.
Annapolis Real Estate Stats and Trends for the week of June 18th, 2019: homes priced around $617,531 compared to $618,994 the previous week, for a slight decrease of less than -1%. For Tuesday, June 18th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.