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Queenstown

Learn about the people, housing, costs and businesses in Queenstown, Maryland

Median Home$565,600
Median Rent$1,750/month
Population740
Leading IndustriesManufacturing · Wholesale Trade · Transportation1% manufacturing
Home Value Growth⬆⬆+14.8% over 2 years
Retirees21% of residentsnear the national average
Homeowners92% of occupied units
NotableHigh Incomes$142k/year · top 5% nationally
NotableVeteran Community11% of residents · top 9% nationally
Queenstown
MD

Frequently Asked Questions

What are today's mortgage rates in Queenstown?

As of today, the 30-year fixed mortgage rate for Queenstown is approximately 6.918% (6.955% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Queenstown?

The median home value in Queenstown is $566k. The median monthly rent is $1,750. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Queenstown?

Home values in Queenstown have increased 14.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Queenstown?

Based on a typical all-in ownership cost of $1,862/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $80k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Queenstown is $142k/year.

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What industries drive the economy in Queenstown?

The largest employment sectors in Queenstown are public administration (19%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.