Freeland, MD—21053
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Freeland, MD
As of Oct '25, the median home price in Freeland, MD is $563,000, with a year-over-year change of 3.2%. This indicates that home prices in Freeland, MD are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $563,000 | 3.2% |
| Single Family | $564,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $492,000 | 3.1% |
4 Bed | $667,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Freeland, MD
As of July '25, Rentcast reports the average rent in Freeland, MD is $2,650, with a year-over-year rent change of 33.8%. Per bedroom, the median rent as of July '25 in Freeland, MD is 2-bedrooms: $2,650. The most common rental property sizes in Freeland, MD are 3-bedroom and 4-bedroom, accounting for 86.7% and 13.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,650 | $2,650 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Freeland, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Freeland, MD is 61. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $581,000 | 1.0% |
Listing Count | 17 | 26.0% |
| Listings as % of Homes | 0.4% | 26.0% |
Days on Market | 61 | -18.0% |
Demographics — Freeland, MD
As of the latest ACS Survey released in 2023, Freeland, MD has a population of 3,020, which has decreased by -8.6% over the past 5 years. Freeland, MD is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 42.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,020 | -8.6% |
% Under 18 | 21.3% | -12.7% |
% Seniors | 26.4% | 52.6% |
% WFH | 14.8% | 38.3% |
% w/ College Degree | 42.5% | -10.3% |
As of the latest ACS Survey released in 2023, Freeland, MD is a predominantly white area, with 87.5% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Freeland, MD is hispanic, making up 7.4% of the population. Foreign-born residents account for 5.4% of the population in Freeland, MD, and this percentage has decreased by 10.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.5% | -5.8% |
% Black | 1.8% | 157.1% |
% Hispanic | 7.4% | 54.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.4% | -10.0% |
Mortgage and Risk — Freeland, MD
According to HUD data as of 2023, there were 92 mortgage originations in Freeland, MD, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Freeland, MD. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 92 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Freeland, MD
Freeland, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,410 |
| 2 Bedroom | $300 | $2,650 | $2,950 |
| 3 Bedroom | N/A | N/A | $3,800 |
| 4 Bedroom | N/A | N/A | $4,240 |
Affordability — Freeland, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $563,000 |
| Median Household Income | $100,000 |