Is Princess Anne, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Princess Anne was a Seller's Market.
Housing Prices in Princess Anne, MD
How much do homes in Princess Anne, MD cost?
Median Sold Price
$349,900
$154/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Princess Anne was $349,900 in May 2024, up 46.9% from last month, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $220K | $349.9K | +59.0% |
4 Bedrooms | $275K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Princess Anne housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 59%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Princess Anne, MD
How many homes are available in Princess Anne, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 34 | -15.0% |
Summary: The Princess Anne real estate market had 34 homes for sale in May 2024, a 15.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 33 | 27 | -18.2% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Princess Anne housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 1 | -91.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Princess Anne in May 2024, down by 91.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 Days | 2 Days | -95.4% |
Summary: Homes in Princess Anne had an average of 2 days on market in May 2024, down by 95.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Princess Anne; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.