January's First-Time Homebuyer Report for Princess Anne

Princess Anne is a city in Maryland. It's much less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $30,284 per household and cost of living adjustment score of 97.0. With a median age of 29 years, homes in Princess Anne tend to be relatively old. The best school in the city is Princess Anne Elementary School.

Price Range

The median value of homes in Princess Anne is $113,500, making it one of the lower priced areas in Maryland. At the same time, the average list price of available homes is presently $141,193. The number of sellers who put their homes up for sale in the Princess Anne market over the last 30 days remained flat this week at two. Home sales also remained unchanged from the prior period and once again one home was sold.

Out of all the listings in Princess Anne, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$139K   $149K   $159K  

Typical Dwelling

A three-bedroom detached home valued around $131,446 is considered a typical dwelling in Princess Anne. If a buyer was looking for a similar home, they would need good credit and a $26,289 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $367 and the property tax rate is $8.22 per $1,000 of taxable assessed value.

Get started right now by checking out Princess Anne homes for sale or reviewing Princess Anne real estate trends.


Data reported through 1/12/2017

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