Real Estate Investing in Queenstown, Maryland (21658)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21658 (Queenstown, MD)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.2% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 31.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Queenstown, MD (21658)?
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Market Analysis: 21658 Queenstown
On the rental side, ZIP 21658 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $668K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 21658 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 21658 and stronger Queenstown ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 21658 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 21658 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Queenstown:
Property Strategy for 21658
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $509,497 | $2,500 | 3.5% | +6.8% | $169,832 |
| 4BR | $761,204 | $2,770 | 2.6% | +7.1% | $190,301 |
Market Trends
Home Value History (with trend line)
📊 How Does 21658 Compare?
| Metric | 21658 | Queenstown | Baltimore-Columbia-Towson, MD | Maryland |
|---|---|---|---|---|
| Home Value | $668,155 | $668,155 | N/A | $424,997 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 4.9% |
| Avg Rent | $1,773 | $1,773 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 21658 (Queenstown, MD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $668,155 |
| Monthly Rent | $1,773 |
| Price-to-Rent | 31.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 21658
Population: 3,802
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is it like being a landlord in Queenstown, MD?
Rental owners in Queenstown, MD deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What kind of tenants rent in Queenstown, MD?
The tenant pool in Queenstown, MD is solid, supported by local employment and population fundamentals. Rents of $1,773/mo are well-absorbed by the market.
Is housing expensive in Queenstown, MD?
Homes in Queenstown, MD typically sell near $668K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Is Queenstown, MD suited for a house hack?
Queenstown, MD offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,773/mo rent level.
What is the smart move for investors in Queenstown, MD?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Queenstown, MD. The numbers - $668K homes against $1,773/mo rents - support that play.
You know 21658 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 21658 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 21658 ranks in Baltimore-Columbia-Towson, MD
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