Somerset County

A local view of the market.

The real estate market in Somerset County, Maryland, is characterized by a median home value of approximately $196,015, reflecting a 3.4% increase over the past year. The county is currently considered a buyer's market, with homes typically selling for about 3.65% below the asking price and staying on the market for an average of 76 days. The top cities in Somerset County include Princess Anne, Crisfield, and Westover. Princess Anne, the county seat, has a population of approximately 3,290 and is known for its historic charm and the University of Maryland Eastern Shore. Crisfield, with a population of around 2,515, is famous for its seafood industry and waterfront views. Westover is smaller but serves as a key location for agricultural activities in the county. Living in Somerset County offers a mix of rural and suburban experiences, with a strong emphasis on agriculture and seafood industries. The county's economy is largely supported by these sectors, attracting individuals seeking a quieter lifestyle with access to natural resources. Migration patterns suggest that people are moving to Somerset County for its affordable housing and the appeal of a rural lifestyle, complemented by the county's proximity to the Chesapeake Bay and its recreational opportunities.