Princess Anne, MD housing market
The typical Princess Anne home is worth about $232,000, up 3.6% in a year, 46% below the Maryland typical home.
Home values, sales, trends and how Princess Anne compares with the towns next door — updated as new data is published.
Princess Anne at a glance
Typical home value, 2016–2026
Show as a table
| January | Princess Anne | Maryland |
|---|---|---|
| 2017 | $126,000 | $290,000 |
| 2018 | $134,000 | $301,000 |
| 2019 | $137,000 | $310,000 |
| 2020 | $144,000 | $322,000 |
| 2021 | $163,000 | $349,000 |
| 2022 | $186,000 | $384,000 |
| 2023 | $197,000 | $398,000 |
| 2024 | $209,000 | $412,000 |
| 2025 | $223,000 | $427,000 |
| 2026 | $227,000 | $429,000 |
| August 2026 | $232,000 | $428,000 |
3 new homes permitted in 2025
Builders were permitted 3 new homes in Princess Anne in 2025, all single-family houses. That's 0.8 per 1,000 residents, slower than across Maryland (2.4). Over the past 10 years, Princess Anne has permitted 90 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Princess Anne gained 156 residents while 222 new homes were permitted: about 0.7 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Maryland: 2.5 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $165,000 |
| 2025 | 3 | 3 | 0 | $888,000 |
| 2024 | 13 | 11 | 2 | $2.7 million |
| 2023 | 14 | 8 | 6 | $2.7 million |
| 2022 | 4 | 4 | 0 | $548,000 |
| 2021 | 27 | 27 | 0 | $3.2 million |
| 2020 | 6 | 6 | 0 | $709,000 |
| 2019 | 9 | 9 | 0 | $1.1 million |
| 2018 | 6 | 6 | 0 | $592,000 |
| 2017 | 2 | 2 | 0 | $209,000 |
| 2016 | 6 | 6 | 0 | $492,000 |
| 2015 | 152 | 2 | 150 | $18.7 million |
| 2014 | 4 | 2 | 2 | $462,000 |
| 2013 | 2 | 2 | 0 | $200,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 37 | 37 | 0 | $6.1 million |
| 2010 | 4 | 4 | 0 | $458,000 |
| 2009 | 88 | 2 | 86 | $8.3 million |
| 2008 | 8 | 8 | 0 | $619,000 |
| 2007 | 79 | 20 | 59 | $6.2 million |
| 2006 | 48 | 48 | 0 | $4.1 million |
| 2005 | 48 | 48 | 0 | $4.1 million |
| 2004 | 110 | 43 | 67 | $5.3 million |
| 2003 | 126 | 27 | 99 | $8.3 million |
| 2002 | 18 | 18 | 0 | $857,000 |
| 2001 | 10 | 10 | 0 | $711,000 |
| 2000 | 4 | 4 | 0 | $311,000 |
How Princess Anne ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.4 years of income
The typical Princess Anne home costs about 3.4 years of the town's median household income, less than across Maryland (4.1 years).
How Princess Anne ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,170
HUD's Fair Market Rent for a two-bedroom in Princess Anne is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Princess Anne pay a median of $1,048, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $900 · 4 bedrooms $1,670
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (21853; Somerset County, MD HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Princess Anne
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.