Is Prince Frederick, MD 20678 a buyer’s or seller’s market?
Prince Frederick is a seller’s market. With about 2.9 months of supply and 23% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 62% of U.S. ZIP codes, and #148 of 241 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Prince Frederick housing market right now
In the three months ending August 31, 2026, 23% of homes in Prince Frederick, MD 20678 sold above their list price, the typical home went under contract in 39 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 45 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 48%, homes sold about as fast and the median sale price fell 10% to $512,228. Overall, Prince Frederick is less competitive than a year ago, which gives buyers more room.
Within Calvert County, homes here sell faster than in 73% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Prince Frederick ranks #148 of 241 MD ZIP codes with enough sales (score 60 out of 100).
Nearby, buyers who want less competition could look at Dowell 20629 (0% sold over asking) or Broomes Island 20615 (0% sold over asking), while Huntingtown 20639 (47% sold over asking) and Port Republic 20676 (43% sold over asking) are even more competitive.
Run the numbers for 20678
Nearby markets
Broomes Island 20615Buyer’s market $308 /sq ftChesapeake Beach 20732Seller’s market $261 /sq ftDowell 20629Buyer’s market $166 /sq ftDunkirk 20754Seller’s market $220 /sq ft Browse all markets →Towns like Prince Frederick nearby
Find towns like Prince Frederick in other states →Where Prince Frederick is
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Questions about Prince Frederick real estate
Is Prince Frederick a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Prince Frederick, MD 20678 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Prince Frederick?
The typical home went under contract in 39 days in the latest three months.
Do homes in Prince Frederick sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.
What are property taxes in Prince Frederick?
About 0.84% of a home’s value a year in Calvert County, or roughly $3,360 on a $400,000 home.
What is the median home price in Prince Frederick?
The median sale price was $512,228 in the three months ending August 31, 2026, about $200 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology