Is Princess Anne, MD 21853 a buyer’s or seller’s market?
Princess Anne is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 14% of U.S. ZIP codes, and #232 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 Princess Anne housing market right now
In the three months ending August 31, 2026, 15% of homes in Princess Anne, MD 21853 sold above their list price, the typical home went under contract in 78 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 21 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (63 days then) and the median sale price rose 11% to $269,883. Overall, Princess Anne is less competitive than a year ago, which gives buyers more room.
Within Somerset County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Princess Anne ranks #232 of 241 MD ZIP codes with enough sales (score 20 out of 100).
Nearby, buyers who want less competition could look at Westover 21871 (0% sold over asking) or Tylerton 21866 (0% sold over asking).
Run the numbers for 21853
Nearby markets
Crisfield 21817Buyer’s market $112 /sq ftDeal Island 21821Balanced $152 /sq ftEwell 21824Seller’s market $105 /sq ftMarion Station 21838Buyer’s market $193 /sq ft Browse all markets →Towns like Princess Anne nearby
Find towns like Princess Anne in other states →Where Princess Anne is
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Questions about Princess Anne real estate
Is Princess Anne a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Princess Anne, MD 21853 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 Princess Anne?
The typical home went under contract in 78 days in the latest three months.
Do homes in Princess Anne sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Princess Anne?
About 0.92% of a home’s value a year in Somerset County, or roughly $3,680 on a $400,000 home.
What is the median home price in Princess Anne?
The median sale price was $269,883 in the three months ending August 31, 2026, about $187 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