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.
Key Takeaway
Freeland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
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
Key Takeaway
Homes in Freeland have sold for 14.7% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Freeland, 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 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
Key Takeaway
Many homes in Freeland are selling fast, if you're buying plan to act quickly.
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.
