Is Queen Anne's County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Queen Anne's County has remained a Seller's Market.
Housing Prices in Queen Anne's County, MD
How much do homes in Queen Anne's County, MD cost?
Median Sold Price
$515,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Queen Anne's County was $515,000 in April 2024, up 11.8% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226K | $225K | -0.4% |
2 Bedrooms | $360K | $363K | +0.8% |
3 Bedrooms | $414.3K | $451.6K | +9.0% |
4 Bedrooms | $535K | $588.5K | +10.0% |
5+ Bedrooms | $697K | $685K | -1.7% |
Summary: Queen Anne's County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Counties
Talbot County | $405K | $496K | +22.5% |
Queen Anne's County | $460.6K | $515K | +11.8% |
Kent County | $310.2K | $334.4K | +7.8% |
Caroline County | $304K | $299K | -1.6% |
Kent County | $328K | $315.9K | -3.7% |
Housing Supply in Queen Anne's County, MD
How many homes are available in Queen Anne's County, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
221 | 256 | +15.8% |
Summary: The Queen Anne's County real estate market had 256 homes for sale in April 2024, a 15.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 28 | 31 | +10.7% |
3 Bedrooms | 74 | 90 | +21.6% |
4 Bedrooms | 91 | 106 | +16.5% |
5+ Bedrooms | 28 | 28 | 0.0% |
Summary: The Queen Anne's County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 45 | -11.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Queen Anne's County in April 2024, down by 11.8% month-over-month. Of the 45 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Queen Anne's County, MD
How long does it take to sell a home in Queen Anne's County, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 43 Days | +25.9% |
Summary: Homes in Queen Anne's County had an average of 43 days on market in Apr 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in Queen Anne's County; 60% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.