As we head into the heart of summer, the Anne Arundel County real estate market continues to evolve—offering both opportunities and challenges for buyers and sellers. With a notable increase in housing inventory and steady upward pressure on home values, understanding these trends is critical whether you’re planning to move, invest, or simply monitor your home’s worth.
Active Listings Are Rising, Creating More Options for Buyers
There are currently 1,064 active listings across Anne Arundel County, representing a 10% increase from last month. Year-over-year, active inventory is up 35% compared to June 2024, the largest increase we’ve seen in years. This growth brings welcome relief to a market that has been historically tight, especially in high-demand areas like Pasadena, which currently has 115 homes for sale.
Other areas with significant inventory:
- Annapolis – 221 listings
- Glen Burnie – 127 listings
- Arnold – 45 listings
- Severna Park – 34 listings
This increase in supply is giving buyers more leverage and encouraging competition among sellers—particularly in neighborhoods where inventory has been slow to build in previous years.
Median Home Prices Continue to Climb
The median sales price in Anne Arundel County rose to $525,000 last month, marking a 5% increase from the same time last year. This equates to a gain of nearly $24,800 year-over-year, with prices showing resilience even as inventory climbs. In Pasadena, median home values remain competitive, holding strong against neighboring markets such as:
- Severna Park – highest median prices in the area
- Annapolis and Arnold – also maintaining strong value
- Glen Burnie and Severn – offering more affordability
This price growth suggests demand remains solid, especially in communities with desirable amenities, water access, and top-rated schools.
Mortgage Rates and Affordability Pressures
Interest rates remain a critical factor in today’s market. The current average for a 30-year fixed mortgage sits at 6.77%, which is within the mid-range of the 52-week spread (6.11% low to 7.26% high).
Here’s how that impacts monthly payments on a $500,000 home:
- At 6.11%: ~$3,533/month
- At 6.77%: ~$3,749/month
- At 7.26%: ~$3,914/month
While rates have softened slightly from last year’s highs, elevated borrowing costs continue to influence buying power—especially for first-time buyers. Still, many local homeowners are capitalizing on increased equity and choosing to sell while values remain strong.
Days on Market: Homes Still Moving Quickly
Despite growing inventory, properties across most of Anne Arundel County are not sitting long. The median days on market (DOM) remain low:
- Detached homes: 6 to 8 days
- Townhomes: 5 to 6 days
- Condos: more variability, from 4 to 11 days
This tells us well-priced homes in desirable locations—such as Pasadena waterfronts, family neighborhoods, or renovated ranchers—are still moving quickly, often with multiple offers.
Seasonal Context: Summer Activity Picking Up
Summer typically brings more active listings and buyer movement, and this year is no exception. The 2025 inventory curve is outpacing prior years, reflecting a more balanced and healthier market. Compared to 2022–2024, this year’s June activity shows stronger listing volume and sustained demand.
That said, buyers now have more breathing room. The frenzied bidding wars of recent years are becoming less common, especially outside ultra-competitive areas.
Final Thoughts
Whether you’re looking to buy, sell, or invest, the Pasadena MD real estate market and broader Anne Arundel County home sales data point to a market that’s adjusting—offering more opportunity, better selection, and still-consistent appreciation.
If you’re considering your next move or want a detailed home value report specific to your property, let’s connect. Staying informed is your best strategy in today’s evolving landscape.