Is Queenland, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Queenland has remained a Seller's Market.
Key Takeaway
Queenland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Queenland, MD
How much do homes in Queenland, MD cost?
Median Sold Price
$570,000
$214/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Queenland have sold for 13.4% more than they did a month ago.
Summary: The median home sold price in Queenland was $570,000 in April 2024, up 13.4% from last month, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $375K | $405K | +8.0% |
| 4 Bedrooms | $502.5K | $735K | +46.3% |
| 5+ Bedrooms | $2.0M | - | N/A |
Summary: Queenland housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 46.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Maryvale | $502.5K | $735K | +46.3% |
| Queenland | $502.5K | $570K | +13.4% |
| Queensland | $375K | $405K | +8.0% |
Housing Supply in Queenland, MD
How many homes are available in Queenland, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The Queenland real estate market had 8 homes for sale in April 2024, a 27.3% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Queenland 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 decreased by 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Queenland, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Queenland in April 2024, down by 50.0% 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 Queenland, MD
How long does it take to sell a home in Queenland, MD?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 133 Days | 7 Days | -94.4% |
Summary: Homes in Queenland had an average of 7 days on market in Apr 2024, down by 94.4% compared to last month.
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
Key Takeaway
Many homes in Queenland are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Queenland; 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.
