Is Freeland, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$530,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Freeland was $530,000 in May 2024, up 13.4% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $492.5K | N/A |
3 Bedrooms | $350K | $440K | +25.7% |
4 Bedrooms | $577.5K | $637.5K | +10.4% |
5+ Bedrooms | $650K | $641K | -1.4% |
Summary: Freeland housing prices by bedroom type for May 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 25.7%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
Freeland | $467.5K | $530K | +13.4% |
Parkton | $595K | $620K | +4.2% |
New Freedom | $351K | $360K | +2.6% |
Shrewsbury Township | $334.5K | $332K | -0.7% |
Codorus Township | $382.5K | $323.9K | -15.3% |
Housing Supply in Freeland, MD
How many homes are available in Freeland, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Summary: The Freeland real estate market had 14 homes for sale in May 2024, a 27.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Freeland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
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 May 2024, down by 33.3% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 4 Days | -90.6% |
Summary: Homes in Freeland had an average of 4 days on market in May 2024, down by 90.6% 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 May 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.