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Princess Anne

Princess Anne

Located in Somerset County

$268,773 Average Value
$285 Average Price per Sq Ft
4 Homes For Sale

Historic Princess Anne blends college life with rural charm

Princess Anne is one of the Eastern Shore's historic towns, founded in 1733 and serving as an 18th-century market center with tobacco plantations and river trade on the Chesapeake Bay. Today, historic architecture blends with a vibrant college culture at the University of Maryland Eastern Shore. While the school draws college kids, a peaceful, rural setting draws retirees and others. "It's a slower-paced, small-town kind of vibe with some parks and, of course, nature," says Jennifer Whittington, Realtor with Long & Foster Real Estate, who works across the peninsula. "That's one of the big things drawing people here because they want to escape the hustle and bustle and be able to get out to the Bay."

Preserved historic homes and rental opportunities

Princess Anne's central historic district preserves the town's character with about 270 original structures. They include pre-Revolutionary buildings and a high concentration of Federal, Victorian and vernacular dwellings. "Most of them are in pretty good condition, but some are run down and need to be renovated," Whittington says. Midcentury ranch-style homes and more modern New Traditional homes surround the town center. Many residents rent, and several apartment complexes are near the university. The median home price is about $240,000, lower than many Eastern Shore communities. Properties along the Manokin River may fall within a FEMA special flood hazard area.

Education options range from pre-k to collegiate opportunities

Somerset School District serves the area and earns an overall C from Niche. Kids can attend Princess Anne Elementary School for pre-kindergarten to first grade, Greenwood Elementary School for second through fifth grade, Somerset Intermediate School for sixth and seventh grade, and Washington High School & Academy for eighth through 12th grade. Princess Anne Elementary earns a C-plus while the rest earn a C. Teens can earn early college credits at the nearby University of Maryland Eastern Shore (UMES).
UMES ranks among the top 20 public Historically Black Colleges and Universities, according to U.S. News & World Report. It offers 38 undergraduate and 16 graduate programs in various science, education, engineering and social science fields. The community rallies behind EMES basketball, volleyball and other NCAA Division I teams.

Outdoor fun from Manokin River to Ocean City's shores

Residents enjoy a natural setting and nearby beaches. On the peninsula's east side, Ocean City is a popular tourist destination, while Chincoteague has a quieter waterfront with wild ponies. Princess Anne's Manokin River Park features a playground and covered picnic table on the riverbank. Locals can also launch a kayak and paddleboard. About 20 miles north in Salisbury, the Pemberton Historical Park is a former plantation-turned green space spanning over 250 acres. The park emphasizes history and nature, with a trail system, nature center, restored 18th-century house and ponds with catch-and-release fishing.

Historic hotel restaurant and casual seafood spots in town

In the historic district, Sugar Water is a favorite restaurant for farm-to-table brunch and dinner in the Washington Hotel, which was initially built in 1744. It's one of several historic brick commercial buildings on Somerset Avenue, Princess Anne's Main Street. Other restaurants are clustered on the town's north side around U.S. 13. The family-owned Beach to Bay Seafood serves fresh catches such as soft crab sandwiches and fries. Patrons can order their food to go and sit at the outdoor picnic tables. Food Lion and Dollar General are available for grocery trips in town. Big box stores and dining options are a short drive in Salisbury, Fruitland and Pocomoke City.

Midnight Muskrat Dive rings in the new year

Locals ring in the new year with a Midnight Muskrat Dive—one of the town's most celebrated and quirky traditions. The taxidermied Marshall Muskrat is lowered from a 30-foot structure during the midnight countdown. The celebration includes live music, horse-drawn carriage rides and a sparkling cider toast. The nonprofit Main Street Princess Anne brings seasonal craft fairs and outdoor movies at Manokin River Park. Somerset County NAACP leaders share their knowledge about local Black history during guided bus tours.

Shore Transit buses and highway access support local travel

U.S. 13 is the main drag and leads to Salisbury, about 15 miles north and Pocomoke City, about 15 miles south. While many residents rely on cars, the Maryland State Highway Administration has made pedestrian improvements to the main road. The county aims to further improve pedestrian infrastructure to develop the town into a walkable destination similar to the Eastern Shore town of Berlin. Shore Transit provides bus routes to surrounding towns, including Ocean City. About 15 miles north in Salisbury, TidalHealth is the closest full-service hospital with around-the-clock emergency services.

Liz Coughlin
Written By
Liz Coughlin

Interested in learning more about homes in this area? Reach out to Sarah Jourdan, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Princess Anne Housing Trends

Housing Trends

Median List Price
$324,900
Median Sale Price
$277,400
Median Single Family Sale Price
$329,900
Median Change From 1st List Price
0%
Last 12 months Home Sales
17
Median Home Sale Price YoY Change
9%
Average Price Per Sq Ft
$285

Neighborhood Facts

Number of Homes in Neighborhood
2,392
Number of Homes for Sale
4
Median Year Built
1974
Months of Supply
2.80
Average Single Family Home Size Sq Ft
1,604
Below the national average
1,924
Average Townhouse Size Sq Ft
2,337
Median Lot Size Sq Ft
20,908

Open Houses

  • 28331 Covington Ln, Princess Anne, MD 21853

    $84,990

    • 28331 Covington Ln

    This beautiful 2+ acre lot is ready for your dream home. Nestled within the quaint and peaceful Covington Cove community. This community includes a private gated boat launch just for the neighborhood that you can utilize for all your crabbing, fishing and recreational activities. Conveniently located minutes from shopping, dining, universities, highway access and more. Schedule your showing

    Agent Photo
    Chardae Eduruke
    Taylor Properties
    (443) 323-0373
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  • 13503 New Rd, Princess Anne, MD 21853

    $50,000

    • 13503 New Rd
    • New 20 days ago

    If you yearn for a place to go and enjoy nature, bird watch, hunt, or just retreat to the outdoors, this may be the perfect place! Great for hunting. There is over 900 ft bordering DNR Chesapeake Frost, Front quarter acre is cleared with some remnants of previous dwelling. The rest of the property is forest and is separated by a creek with a crossover on the property. Check with the county for

    Agent Photo
    Lona Todd
    Taylor Properties
    (410) 936-5071
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  • 11229 Stewart Neck Rd, Princess Anne, MD 21853

    $1,500,000

    • 11229 Stewart Neck Rd

    Calling all investors and builders. This Commercial property comprises a total of 14.83 acres, offering water and sewer hook-up availability, with frontage on Route 13. 11229 is currently zoned C-2 Highway Commercial, while the second adjacent lot is zoned Commercial, with wells and septic systems on each parcel. Mostly wooded, with several currently used buildings and several rented buildings,

    Agent Photo
    Bonnie Flinn
    ERA Martin Associates
    (443) 316-2001
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Princess Anne Has More Renters

Demographics

Total Population
4,097
Median Age
30
Population Density
9 ppl/acre
Population under 18
29.3%
Above the national average
23.8%
Population over 65
14.2%
On par with the national average
19.1%

Finances

Median Household Income
$33,419
Significantly below the national average
$71,702
Average Household Income
$47,151

Education and Workforce

High School Graduates
88.2%
College Graduates
26.7%
Below the national average
34.1%
Advanced Degrees
6.5%
Below the national average
13.3%
% Population in Labor Force
63.4%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
29°F
Average Summer High Temperature
88°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®®

41 / 100

Somewhat Walkable

Walk Score®®

60 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Princess Anne