Housing Insights for ZIP Code 21853 (Princess Anne, MD)

Housing Summary for ZIP Code 21853

Homeowners

The median home value in ZIP Code 21853 (Princess Anne, MD) is $146,000. Approximately 50.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 3.0%.

The average occupancy of owner-occupied units in ZIP Code 21853 is 2.46 occupants, while owner-occupied units have an aggregate average size of 2.52 bedrooms per housing unit.

Renters

In the 21853 ZIP Code, an estimated 49.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 4.4%.

Among renter-occupied units in this ZIP, the average occupancy is 2.25 occupants, while renters in this Somerset County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21853

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21853.

ZIP 21853 Maryland U.S.
Median Home Value $146,000 $433,613 $365,011
Owner-Occupied Housing Units 50.7% 66.9% 64.0%
Homeowner Vacancy Rate 3.0% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.46 2.75 2.70
Average # of Bedrooms Per Unit 2.52 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 49.3% 33.1% 36.0%
Rental Vacancy Rate 4.4% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.25 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21853 (Princess Anne, MD)

The median home value in ZIP Code 21853 is $146,000. That median value is about 54% lower than the median home value of $314,800 in Maryland overall, and is 33% lower than the $217,500 the median home value in the entire U.S. In ZIP Code 21853, approximately 22.8% of homes are valued $100,000 to $149,999. That is 262% higher than in Maryland, in which 6.3% of homes are valued at $100,000 to $149,999, and is about 71% higher than in the U.S. overall (13.3% of homes valued at $100,000 to $149,999). The home value range that the smallest portion of ZIP Code 21853 homes fall into is $1,000,000 or more (1.9% of homes).

Home Values in ZIP Code 21853

This chart visualizes the breakdown of home values in ZIP Code 21853, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21853 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21853

See the table below for a regional comparison of home values in ZIP Code 21853.

Home Value ZIP 21853 Maryland U.S.
Less than $50,000 12.1% 2.7% 6.9%
$50,000 to $99,999 16.4% 3.7% 12.0%
$100,000 to $149,999 22.8% 6.3% 13.3%
$150,000 to $199,999 19.3% 9.9% 14.0%
$200,000 to $299,999 16.8% 24.4% 19.6%
$300,000 to $499,999 8.0% 32.8% 19.3%
$500,000 to $999,999 2.6% 17.1% 11.4%
$1,000,000 or more 1.9% 3.1% 3.4%

Home Ages in ZIP Code 21853 (Princess Anne, MD)

Approximately 18.7% of homes in this Princess Anne, MD region were built in 1970 to 1979. This amount of homes built in 1970 to 1979 in ZIP Code 21853 is about 33% higher than percentage of homes built in this time period in Maryland overall (14.1% of homes), and is 23% higher the percentage (15.2% of homes) in the U.S. as a whole. Additionally, an esimated 15.6% of local homes were built in 1990 to 1999. On the other end of the scale, just 2.6% of homes in this Somerset County ZIP Code were built in 1950 to 1959 in ZIP Code 21853. In comparison, 11.4% of homes in Maryland overall were built in 1950 to 1959, while 10.3% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 21853

A detailed regional comparison of home ages in ZIP Code 21853.

Year Built ZIP 21853 Maryland U.S.
2014 or later 4.6% 2.3% 2.5%
2010 to 2013 4.9% 2.6% 2.7%
2000 to 2009 13.6% 11.4% 14.0%
1990 to 1999 15.6% 14.3% 13.9%
1980 to 1989 14.7% 15.3% 13.4%
1970 to 1979 18.7% 14.1% 15.2%
1960 to 1969 6.2% 11.5% 10.6%
1950 to 1959 2.6% 11.4% 10.3%
1940 to 1949 3.9% 5.2% 4.9%
1939 or earlier 15.2% 11.8% 12.6%

Age of Homes in ZIP Code 21853

See the chart below for details on the age of homes in ZIP Code 21853, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 21853

Frequently asked questions about housing in this Princess Anne, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21853.

1

What is the average home value ZIP Code 21853?

The median home value in ZIP Code 21853 (Princess Anne, MD) is $146,000.
2

Are homes expensive in ZIP Code 21853?

The median home value in 21853 ($146,000) is an estimated 54% lower than the aggregate median value of $314,800 in Maryland, and is 33% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 21853?

The vacacy rate for owner-occupied housing in ZIP Code 21853 is 3.0%. This rate is 76% higher than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21853 vacancy rate is 88% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21853 have older homes or newer construction?

In ZIP Code 21853, about 18.7% of homes were built in 1970 to 1979. That time range includes the most home construction. Also, 15.6% of homes in the region were built in 1990 to 1999. In contrast, 2.6% of homes in 21853 were built in 1950 to 1959.
5

What is the housing breakdown in ZIP Code 21853? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21853 than renter-occupied housing. Owner-occupied units make up 50.7% of housing, compared to 49.3% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21853?

The vacacy rate for rental units in ZIP Code 21853 is 4.4%. This rate is 27% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 21853 vacancy rate is 27% lower than the entire U.S. vacancy rate of 6.0%.