Is Charlestown, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlestown is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Charlestown has remained a Seller's Market.

Key Takeaway

Charlestown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Charlestown, MD cost?

Median Sold Price

$400,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$90,000(+29.0%)

Key Takeaway

Homes in Charlestown have sold for 29% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$216.5K
N/A
2 $200K$200K
0.0%
3 $305.1K$297.4K
-2.5%
4 $412.5K$442.5K
+7.3%
5+ $445K$654.3K
+47.0%

How many homes are available in Charlestown, MD?

Number of Homes For Sale

Sep 2022Oct 2022%
550.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 43
-25.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charlestown, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
14 Days11 Days-24.1%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Charlestown are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Charlestown, MD

Number of homes for sale in Charlestown, MD real estate market have reached 5. Listings spent 11 days on the market in October 2022, and had a median list price of $400,000 during the same period. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties did not move, prices of 3 bedrooms properties went down by 2.5%, the cost of 4 bedrooms properties went up by 7.3%, prices of 5 bedrooms properties went up by 47%. This housing market inventory have changed: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went up by 100%, volume of 3 bedrooms homes stayed the same, number of 4 bedrooms homes decreased by 25%, number of 5 bedrooms homes remained the same. While more than 1 listings in Charlestown, MD in October 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.