property under $150,000 in Crisfield Maryland
$
135,000
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Crisfield, Maryland
26399 Old State Rd
3
Beds
1
Baths
1300
Sq Ft
1875
Built

Historic, Farmhouse, Character Home

1875 Eastern Shore Farmhouse, 0.32 Acres, Sold As-Is — $135,000

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%71875 farmhouse, 1300 sqft, character details, sheds, mature lot, Eastern Shore setting
Condition25%4Sold as-is; 150-year-old home, no system dates named; historic exception applies
Price / Sq Ft15%8Listing $104/sqft vs zip median $130/sqft — ~20% below; 8 comps, thin but directional
Price vs. Market5%6$135K vs $194K zip median — ~31% below; thin market, directional only
Market Conditions5%8DOM 102 days, sale-to-list 91.2%, price drops 45.7% — clear buyer's market

A house built in 1875 has seen a lot. At 150 years old, this farmhouse on Old State Road in Crisfield has the kind of history you cannot buy in new construction, which is exactly why buying it comes with conditions. The seller is clear: sold as-is. No system dates are listed, no recent work is documented. At 150 years old, that matters. You are buying a piece of Eastern Shore history and taking on whatever comes with it.

What that history looks like from the outside: a farmhouse on a 0.32-acre lot with mature trees, established landscaping, multiple outdoor seating areas, and storage sheds in the backyard. The lot has shape to it. You have room for a garden, space for animals, room for kids to run around, and sheds to store the tools you will need once you start working on the place. The 1,300 square feet inside includes three bedrooms, one bath, and a kitchen the listing says has room for dining and gathering, with plenty of cabinet space. There are period details throughout that you do not find in houses built this decade or the last several.

The as-is condition is the central fact here. This is a house with character and age and unknown systems, which means you go in with your eyes open, hire an inspector who knows old construction, and budget accordingly. That is the trade.

The price is where the math gets interesting. At $104 per square foot, this house is priced about 20 percent below the zip code median, and about 31 percent below the median sale price in the area. The market itself is soft: 45 percent of listings in this area have taken price cuts, and homes are selling at around 91 cents on the dollar. This one has been sitting for over 100 days. You have leverage going in, and room to negotiate further.

For someone willing to do the work, this is a genuine old house in a buyer's market at a price that leaves room for the work it will need.

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