Prince Frederick, Maryland.
Typical home $475,050 (+1.4% in a year), asking rent $1,850 . Washington-Arlington-Alexandria, DC-VA-MD-WV metro.
to buy the typical home at today's mortgage rate — +$1,166 (+88%) since Jan 2020.
- 1 year
- Up $6,655 +1%
- $468,395$475,050 since Sep 2025
- 5 years
- Up $53,056 +13%
- $421,994$475,050 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Prince Frederick$2,493
- Maryland$2,230
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 29 years.
Typical home values in Prince Frederick, MD rose 1.4% over the past year — faster than the nation's +1.2%.
Living in Prince Frederick, Calvert County, Maryland
Prince Frederick, in Calvert County, had 3,226 people in the 2020 census. 48% of its homes are lived in by their owners and 52% are rented. Unemployment in Calvert County was 3.5% in August 2026, and the county had 0.7% fewer jobs in 2025 than the year before. The most residents work in government, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Prince Frederick is a small community in Calvert County, Maryland, where fewer homes are lived in by their owners than across much of the country, so renting is common here. Household incomes in the county run well above what is typical nationally, and typical home values are high. Winters are cold, with January the coldest month, summers turn warm, and the year brings a modest amount of snow alongside plenty of rain.
Work. Residents work mostly in government, in schools, hospitals and social care, in professional and business services, and in the building trades. Calvert Memorial Hospital is the largest workplace in town, followed by Walmart and Calvert Internal Medicine. Commutes are long, and a good number of people work from home, while across the county the job count slipped slightly last year.
Things to do. Battle Creek Cypress Swamp Sanctuary and Flag Ponds Nature Park are both protected natural areas a short drive away, good for walking and watching wildlife. Calvert Marine Museum is a longer drive, and Calvert Cliffs State Park is another protected area a longer drive off.
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- 1,267households
- 23%of adults have a degree
- 11%below the poverty line
- 40 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Calvert County had 22,528 jobs in 2025, 0.7% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 44° and lows near 25°; warmest in July, with highs near 85° and lows near 66°. About 15 inches of snow and 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Mechanicsville Northeast weather station, 8 miles away (NOAA).
Largest workplaces in Prince Frederick
- Calvert Memorial HospitalGeneral hospital757FTE
- WalmartDiscount department stores173
- Calvert Internal MedicineInternists' offices168
- NAI Saturn EasternSupermarkets and other grocery stores142
- Weis MarketsSupermarkets and other grocery77
- Prince Frederick FordAutomobile dealers, new only or new and used63
- Prince Frederick Chrylser Jeep DodgeAutomobile dealers, new only or new and used46
- Wawa SiteConvenience store42
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 8 workplaces with 20 or more staff, 733 people in all. Hospitals come from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- DroughtRelatively moderate
- HurricanesRelatively moderate
- Strong windRelatively moderate
- LightningRelatively moderate
- Winter weatherRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Prince Frederick’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Calvert County and the Washington-Arlington-Alexandria, DC-VA-MD-WV metro.
Prince Frederick home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Prince Frederick$475,050
- Maryland$424,890
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Prince Frederick listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Prince Frederick37.06%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Prince Frederick42
New listings per month
Sellers arriving at the market.
- Prince Frederick17
Zip codes with a Prince Frederick address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Prince Frederick — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.