Is Freeland, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Freeland was a Seller's Market.
Housing Prices in Freeland, MD
How much do homes in Freeland, MD cost?
Median Sold Price
$527,500
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Freeland was $527,500 in April 2024, up 14.7% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $492.5K | N/A |
3 Bedrooms | $350K | $442.5K | +26.4% |
4 Bedrooms | $577.5K | $615K | +6.5% |
5+ Bedrooms | $725K | $597K | -17.7% |
Summary: Freeland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 17.7%.
Median Sold Price Compared To Nearby Cities
Freeland | $460K | $527.5K | +14.7% |
Parkton | $575K | $620K | +7.8% |
New Freedom | $366K | $360K | -1.6% |
Shrewsbury Township | $339K | $333.4K | -1.6% |
Housing Supply in Freeland, MD
How many homes are available in Freeland, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Summary: The Freeland real estate market had 12 homes for sale in April 2024, a 140.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 6 | +200.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Freeland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Freeland in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Freeland, MD
How long does it take to sell a home in Freeland, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 4 Days | -85.0% |
Summary: Homes in Freeland had an average of 4 days on market in Apr 2024, down by 85% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Freeland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.