The housing market in Princess Anne, MD 21853 is thriving. With a median value of $173,800, which is significantly lower than the US House median value of $338,100, purchasing a home in this area can be an affordable option. In addition to the low cost, the one year house appreciation rate for Princess Anne is 14.76%, far outstripping the 8.27% US average. This makes investing in real estate a great opportunity for those looking to purchase property in this area.
The median home cost in Princess Anne (zip 21853) is $173,800. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Princess Anne (zip 21853) is up 14.0%.
Average Age of Homes
- The median age of Princess Anne (zip 21853) real estate is 32 years old
The Rental Market in Princess Anne (zip 21853)
- Renters make up 39.0% of the Princess Anne (zip 21853) population
- 3.8% of houses and apartments in Princess Anne (zip 21853), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.