$5,047 Closing Credit*
$425,000
1,752 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sue S Hudson, Listing Office: National Land Realty, LLC
Is Princess Anne, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Princess Anne was a Seller's Market.
Key Takeaway
Princess Anne is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Princess Anne, MD
How much do homes in Princess Anne, MD cost?
Median Sold Price
$220,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,000(+7.8%)
Key Takeaway
Homes in Princess Anne have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Princess Anne was $220,000 in November 2024, up 7.8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $149K | $139.9K | -6.1% |
| 3 Bedrooms | $208K | $212.5K | +2.2% |
| 4 Bedrooms | $322K | $258.5K | -19.7% |
| 5+ Bedrooms | $253K | $252K | -0.4% |
Summary: Princess Anne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in Princess Anne, MD
How many homes are available in Princess Anne, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Summary: The Princess Anne real estate market had 30 homes for sale in November 2024, a 3.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Princess Anne housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Princess Anne, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Princess Anne in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Princess Anne, MD
How long does it take to sell a home in Princess Anne, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 33 Days | -26.6% |
Summary: Homes in Princess Anne had an average of 33 days on market in Nov 2024, down by 26.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Princess Anne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Princess Anne; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
