Active Listings and Inventory Trends
As of this month, there are 1,041 active listings in Anne Arundel County, reflecting a slight 2% decrease from last month. While inventory remains tight, the broader trend for 2025 shows supply levels outpacing the past three years. Active listings rose steadily through spring, peaking above 1,000 homes in early summer—higher than the same point in 2022, 2023, or 2024.
For homeowners, this signals a more balanced marketplace compared to recent years of extremely low supply. For buyers, more choices are available, but competition remains strongest in well-priced properties.
Inventory by City
Local market conditions vary across the county. Annapolis leads with 198 active homes, followed by Glen Burnie (144) and Pasadena (113). Severna Park, Severn, Arnold, and Crownsville each have fewer than 50 listings, which keeps demand high in those communities.
For buyers searching homes for sale in Pasadena MD, the area remains one of the county’s more affordable options relative to Severna Park and Arnold, while still offering strong access to waterfront amenities and commuter routes.
Home Prices and Values
The median sales price in Anne Arundel County is $505,000, up 4% from last year (a $20,000 increase). This steady appreciation highlights ongoing demand despite higher interest rates.
Breaking it down by city, Severna Park leads with some of the highest median values, while Pasadena and Glen Burnie provide more attainable price points. Over the past several years, prices across the county have shown resilience, with 2025 maintaining values at or above historic highs.
Mortgage Rates and Affordability
Mortgage rates currently average 6.52% for a 30-year fixed loan, falling in the middle of their 52-week range (6.11% – 7.26%). At today’s rate, a $500,000 loan equates to an estimated monthly payment of $3,667 (including taxes and insurance). This is up slightly from the low-rate environment earlier this year but remains below last fall’s peak.
The spread between mortgage rates and the 10-year Treasury bond is currently 2.19, which is above historical averages. Broader economic pressures—including inflation and Fed policy—continue to keep borrowing costs elevated, which directly impacts affordability for buyers entering the market.
Days on Market
Homes are still moving quickly, but speed varies by property type. Detached homes and townhomes are selling in about one week to ten days, while condos are taking longer—nearly three weeks in July. This suggests demand remains strongest for single-family homes, particularly in communities like Pasadena, where detached housing dominates the landscape.
What This Means for Buyers and Sellers
- For buyers: Higher inventory in 2025 means more options and less urgency than during the pandemic-era market. Still, desirable homes in Pasadena and nearby communities often attract multiple offers, so preparation and strong financing remain key.
- For sellers: Home values are holding strong, with steady appreciation year-over-year. Proper pricing and presentation remain critical to stand out, especially as buyers become more selective with increased inventory.
Living and Investing in Pasadena MD
Pasadena continues to attract buyers for its balance of affordability, waterfront amenities, and proximity to both Baltimore and Annapolis. Whether purchasing a primary residence or investment property, the area offers long-term appeal and consistent demand.