Is Freeland, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Freeland is a seller's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Freeland was a Buyer's Market.

Key Takeaway

Freeland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Freeland, MD cost?

Median Sold Price

$497,450

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$47,550(-8.7%)

Key Takeaway

Homes in Freeland have sold for 8.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $400K-
N/A
3 $460K$431.2K
-6.3%
4 $605K$530K
-12.4%
5+ $742.5K$800K
+7.7%

Median Sold Price Compared To Nearby Cities

New Freedom
+34.7%
Parkton
+23.1%
Shrewsbury Township
+8.8%
Freeland
-8.7%

How many homes are available in Freeland, MD?

Number of Homes For Sale

Aug 2022Sep 2022%
119-18.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 43
-25.0%
5+ 54
-20.0%

Number of Homes Sold

Aug 2022Sep 2022%
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Freeland, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
3 Days10 Days+233.3%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Freeland are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Freeland, MD

Freeland, MD has 9 homes for sale to choose from. The number of listings in Freeland, MD decreased by 18.2% between August 2022 and September 2022. In September 2022 median list price was $497,450 and the average listing age was 10 days. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties prices decreased by 6.3%, 4 bedrooms properties prices decreased by 12.4%, 5 bedrooms properties prices increased by 7.7%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes inventory decreased by 25%, number of 5 bedrooms homes decreased by 20%. While more than 1 listings in Freeland, MD in September 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below.

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