Why Live in Downtown Annapolis
Downtown Annapolis is a historic neighborhood radiating from Church Circle, featuring tree-shaded streets and a Colonial-era waterfront near the U.S. Naval Academy. The area is known for its picturesque properties, including Colonial Revival townhouses and detached homes from the 1800s, as well as newer condos that maintain early American stylings. Home prices vary significantly based on size, age, and location, with historic and waterfront properties commanding the highest prices. Residents enjoy several parks, such as Susan Campbell Park and Acton's Cove Waterfront Park, offering scenic views and shaded areas. Annapolis Waterworks Park has recently expanded its trail network, fostering a sense of community among outdoor enthusiasts. The neighborhood is bustling with things to do, including dining at local favorites like Galway Bay Irish Restaurant and Pub, and attending events like the annual Oyster Roast and Sock Burning. Despite the scarcity of parking, the area is highly walkable, with bus routes and water taxis providing convenient transportation options. Schools in the area are highly rated, with Wiley H. Bates Middle, Annapolis High, and St. Mary's School offering quality education. The crime rate is lower than the national average, contributing to the neighborhood's appeal.
Frequently Asked Questions
Is Downtown Annapolis a good place to live?
Downtown Annapolis is a good place to live. Downtown Annapolis is considered very walkable and bikeable with some transit options. Downtown Annapolis is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Downtown Annapolis has 5 parks for recreational activities. It is fairly sparse in population with 4.4 people per acre and a median age of 38. The average household income is $137,188 which is above the national average. College graduates make up 69.8% of residents. A majority of residents in Downtown Annapolis are renters, with 53.9% of residents renting and 46.1% of residents owning their home. A
local real estate agent serving Downtown Annapolis can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Annapolis neighborhood guide.
Is Downtown Annapolis, MD a safe neighborhood?
Downtown Annapolis, MD is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Downtown Annapolis?
The median home price in Downtown Annapolis is $589,000. If you put a 20% down payment of $117,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $131K a year to afford the median home price in Downtown Annapolis. The average household income in Downtown Annapolis is $137K.
What are the best public schools in Downtown Annapolis?
The best public schools that serve Downtown Annapolis are:
What are the best private schools in Downtown Annapolis?
The best private schools that serve Downtown Annapolis are:
What are the most popular zip codes in Downtown Annapolis, Annapolis, MD?
What are the most popular neighborhoods near Downtown Annapolis, Annapolis, MD?
Are home prices dropping in Downtown Annapolis?
Yes, home prices in Downtown Annapolis are down 4% in the last 12 months.
Home Trends in Downtown Annapolis, MD
On average, homes in Downtown Annapolis, Annapolis sell after 22 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Annapolis, Annapolis over the last 12 months is $388,000, down 29% from the median home sale price over the previous 12 months.
Median Sale Price
$388,000
Median Single Family Sale Price
$346,000
Median 2 Bedroom Sale Price
$785,000
Average Price Per Sq Ft
$353
Number of Homes for Sale
2
Last 12 months Home Sales
28
Median List Price
$589,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-29%