Altos Market Data for Realtors

Freeland, MD

Single-Family Homes

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Freeland, MD

Fri Apr 26 2024
This week the median list price for Freeland, MD is $599,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 5. Click here to stay informed with the Freeland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Freeland, MD

Fri Apr 26 2024
This week the median list price for Freeland, MD is $599,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has increased to 5. Click here to stay informed with the Freeland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Freeland market.
Median List Price $599,000
Median Price of New Listings $315,000
Per Square Foot $136
Average Days on Market 13
Median Days on Market 14
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 41
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,785,000 22,390 5 - 10 acres 10 9 11 0 0 14
$709,900 5,212 2.5 - 5 acres 4 3 24 0 0 14
$599,000 3,402 2.5 - 5 acres 3 3 35 0 0 14
$441,500 4,084 1 - 2.5 acres 2 1.5 45 1 1 10