Anne Arundel County, Maryland Housing Market

In Anne Arundel County, Maryland, the median home value is $467,900, with a median monthly rent of $2,071. This places Anne Arundel County at #165 nationally out of 3134 counties by median home value, and #3 within Maryland.

Median Home Value $467,900
Median Rent $2,071/mo
Owner Occupancy 75.1%
Price/Rent Ratio 18.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Anne Arundel County rose +3.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

242,459
jobs (private sector)
  • Avg weekly wage: $1,550
  • Establishments: 15,836
  • BLS QCEW, 2025
🏗️

Housing Supply

1,844
new units authorized (2025)
  • Single-family: 873
  • Multi-family: 971
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+7159
net migration (filers, 2021-2022)
  • Inflow: 252,384 (avg $128,026)
  • Outflow: 245,225 (avg $129,131)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Anne Arundel County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 20751 289.7 +9.59% 2025
2 20724 244.5 -17.37% 2025
3 21035 238.9 -7.03% 2025
4 20794 336.2 +6.18% 2025
5 21401 296.7 +3.24% 2025
6 20754 244.0 +2.60% 2025
7 20711 252.1 -0.33% 2025
8 21108 285.1 -0.55% 2025
9 20779 252.0 — 2025
10 21225 275.8 +6.38% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Anne Arundel County Compares

MetricAnne Arundel CountyMaryland AverageU.S. Average
Median Home Value $467,900 $370,016 $227,706
Median Gross Rent $2,071 $1,459 $968
Owner Occupancy Rate 75.1% 72.7% 73.3%
Price/Rent Ratio 18.8 21.1 18.7

Market Analysis

The median home value in Anne Arundel County is 26.5% above the Maryland state average and 105.5% above the U.S. national average. The median rent of $2,071/month is 41.9% above the state average.

With a price-to-rent ratio of 18.8, the buy-vs-rent decision in Anne Arundel County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Anne Arundel County has an owner-occupancy rate of 75.1%, compared to 72.7% in Maryland and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Park County Montana $467,500 $976
Clatsop County Oregon $468,300 $1,180
Crook County Oregon $467,000 $1,283
Lake County Colorado $466,100 $1,397
Madison County Montana $470,100 $1,000

Other Counties in Maryland

CountyMedian Home ValueMedian RentOwner Occ.
Frederick County $464,600 $1,774 77.0%
Queen Anne's County $462,700 $1,619 82.9%
Calvert County $460,200 $1,759 87.2%
Carroll County $434,000 $1,427 84.3%
Charles County $428,500 $1,920 82.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).