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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Queenstown is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Queenstown was a Neutral Market.

Key Takeaway

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

Housing Prices in Queenstown, MD

How much do homes in Queenstown, MD cost?

Median Sold Price

$4,225,000

$584/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$3,095,000(+273.9%)

Key Takeaway

Homes in Queenstown have sold for 273.9% more than they did a month ago.

Summary: The median home sold price in Queenstown was $4,225,000 in December 2024, up 273.9% from last month, and the median price per square foot was $584.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.1M-
N/A
4 --
N/A
5+ -$4.2M
N/A

Summary: Queenstown housing prices by bedroom type for December 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Queenstown, MD

How many homes are available in Queenstown, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1210-16.7%

Summary: The Queenstown real estate market had 10 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 33
0.0%
5+ 55
0.0%

Summary: The Queenstown housing inventory by bedroom type for December 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Queenstown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Queenstown in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Queenstown, MD

How long does it take to sell a home in Queenstown, MD?

Average Sale Time

Nov 2024Dec 2024CHANGE
5 Days22 Days+300.0%

Summary: Homes in Queenstown had an average of 22 days on market in Dec 2024, up by 300% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in Queenstown; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in Queenstown, MD

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