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Advertise here →Princess Anne, MD · Market Data
Princess Anne, Maryland real estate market data.
Real estate market data for Princess Anne, MD (Somerset County) — Census median home value $152,400, county listing prices up about 7.7% over the past year.
Princess Anne, MD is in Somerset County, Maryland — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,461, with a median household income of $50,000. Census data puts Princess Anne's median home value at $152,400.
At a glance
Princess Anne market snapshot
Population
3,461
Median Household Income
$50,000
Median Home Value (city)
$152,400
Median Gross Rent
$1,183/mo
Price Trend (YoY)
+7.7%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Princess Anne different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Princess Anne's median home value — across all owner-occupied homes, not just recent sales — at $152,400.
County Price Trend
Somerset County's FHFA house price index shows a 7.65% annual change in 2025.
Population & Income
Princess Anne has an estimated population of 3,461 and a median household income of $50,000, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Princess Anne's Census-reported median home value works out to about 3.0x the area's median household income, and median gross rent runs roughly 28% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Princess Anne FAQ
What are home values like in Princess Anne, MD?
The Census Bureau's American Community Survey puts Princess Anne's median home value at $152,400.
What is the population of Princess Anne, MD?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Princess Anne's population at approximately 3,461.
What's the median rent in Princess Anne, MD?
The Census ACS estimates median gross rent in Princess Anne at approximately $1,183 per month.
What is the median household income in Princess Anne, MD?
Census ACS data puts the median household income in Princess Anne at approximately $50,000.
Is the Princess Anne housing market growing?
Somerset County's FHFA house price index shows a 7.65% annual change in 2025.
Is Princess Anne, MD affordable relative to income?
Census ACS data puts Princess Anne's median home value at about 3.0 times the median household income, with median gross rent equal to roughly 28% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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