Is Charlestown, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Charlestown has remained a Seller's Market.
Housing Prices in Charlestown, MD
How much do homes in Charlestown, MD cost?
Median Sold Price
$370,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Charlestown was $370,000 in April 2024, down 23.7% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $212.4K | N/A |
2 Bedrooms | $112.5K | $282K | +150.7% |
3 Bedrooms | $399.9K | $304K | -24.0% |
4 Bedrooms | $470K | $550K | +17.0% |
5+ Bedrooms | $692.1K | $629.9K | -9.0% |
Summary: Charlestown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 150.7%, 3 bedroom homes decreased by 24%, 4 bedroom homes increased by 17%, and 5+ bedroom homes decreased by 9%.
Housing Supply in Charlestown, MD
How many homes are available in Charlestown, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Summary: The Charlestown real estate market had 10 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 4 | 1 | -75.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Charlestown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Charlestown in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Charlestown, MD
How long does it take to sell a home in Charlestown, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
100 Days | 25 Days | -75.0% |
Summary: Homes in Charlestown had an average of 25 days on market in Apr 2024, down by 75% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Charlestown; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.