Renter percentages in Queen Anne have decreased as homeownership rates increased. In 2013, 18% of residents were renters, which decreased to 14% by 2022. Average rent prices in the area have fluctuated over this period. In 2013, the average rent was $1,635, which peaked at $1,560 in 2014 before declining to $1,264 in 2022. This 22.7% decrease in average rent prices over nine years occurred despite the town's population growth from 1,241 in 2013 to 1,332 in 2022, suggesting that factors beyond population changes influenced rental markets.

In 2023 and 2024, the real estate market in Queen Anne continued to evolve. The average home price rose to $417,421 in 2023 and further increased to $436,439 in 2024, representing a 7.1% growth over two years. This price appreciation occurred despite a significant increase in federal interest rates, which rose to 5.02% in 2023 and 5.33% in 2024, potentially impacting affordability for some buyers.

Predictive models suggest that average home prices in Queen Anne may continue to rise over the next five years, potentially reaching around $490,000 by 2029 if current trends persist. Average rent prices, which have been more volatile, could stabilize or see modest increases, potentially reaching about $1,400 by 2029. However, these projections are subject to various economic factors and local market conditions.

Queen Anne's real estate market has demonstrated strong growth in homeownership and home values over the past decade, despite fluctuations in the rental market. The town has shown resilience in the face of rising interest rates, with continued home price appreciation. As the community continues to grow and evolve, it will be important to monitor how these trends impact housing affordability and community demographics in the coming years.