The first section of MD 362 was built as a modern highway from the original alignment of US 13 in Princess Anne in 1929. The highway was extended west to near Monie Creek in 1930. By 1934, MD 362 was under construction again with the completion of the bridge over Monie Creek. The highway was extended to near Fitzbounds Road in 1936 and to its present terminus in 1937.
