Queen Anne's County, Maryland Housing Market

In Queen Anne's County, Maryland, the median home value is $462,700, with a median monthly rent of $1,619. This places Queen Anne's County at #172 nationally out of 3134 counties by median home value, and #5 within Maryland.

Median Home Value $462,700
Median Rent $1,619/mo
Owner Occupancy 82.9%
Price/Rent Ratio 23.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Queen Anne's County fell -0.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,501
jobs (private sector)
  • Avg weekly wage: $1,069
  • Establishments: 1,548
  • BLS QCEW, 2025
🏗️

Housing Supply

285
new units authorized (2025)
  • Single-family: 267
  • Multi-family: 18
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1517
net migration (filers, 2021-2022)
  • Inflow: 22,141 (avg $124,120)
  • Outflow: 20,624 (avg $121,870)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 5 active ZIP codes in Queen Anne's County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 21638 232.2 -8.38% 2025
2 21619 248.7 -5.63% 2025
3 21617 247.3 +4.46% 2025
4 21666 260.9 +0.11% 2025
5 21658 225.0 -0.56% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Queen Anne's County Compares

MetricQueen Anne's CountyMaryland AverageU.S. Average
Median Home Value $462,700 $370,016 $227,706
Median Gross Rent $1,619 $1,459 $968
Owner Occupancy Rate 82.9% 72.7% 73.3%
Price/Rent Ratio 23.8 21.1 18.7

Market Analysis

The median home value in Queen Anne's County is 25.0% above the Maryland state average and 103.2% above the U.S. national average. The median rent of $1,619/month is 11.0% above the state average.

With a price-to-rent ratio of 23.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Queen Anne's County has an owner-occupancy rate of 82.9%, compared to 72.7% in Maryland and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Middlesex County New Jersey $462,900 $1,871
Miami-Dade County Florida $463,000 $1,829
Oconee County Georgia $461,600 $1,462
Wake County North Carolina $461,300 $1,623
El Paso County Colorado $461,000 $1,696

Other Counties in Maryland

CountyMedian Home ValueMedian RentOwner Occ.
Frederick County $464,600 $1,774 77.0%
Calvert County $460,200 $1,759 87.2%
Anne Arundel County $467,900 $2,071 75.1%
Carroll County $434,000 $1,427 84.3%
Charles County $428,500 $1,920 82.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).