Is Churchton, 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, Churchton has remained a Seller's Market.
Key Takeaway
Churchton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Churchton, MD
How much do homes in Churchton, MD cost?
Median Sold Price
$415,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Churchton have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Churchton was $415,000 in April 2024, up 12.5% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $535K | $298K | -44.3% |
| 2 Bedrooms | $242.5K | $315K | +29.9% |
| 3 Bedrooms | $344.9K | $399.9K | +15.9% |
| 4 Bedrooms | $415K | $490.2K | +18.1% |
| 5+ Bedrooms | $537.5K | $626.5K | +16.6% |
Summary: Churchton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.3%, 2 bedroom homes increased by 29.9%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Cities
| Churchton | $369K | $415K | +12.5% |
| West River | $649.9K | $710K | +9.2% |
Housing Supply in Churchton, MD
How many homes are available in Churchton, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 16 | +100.0% |
Summary: The Churchton real estate market had 16 homes for sale in April 2024, a 100.0% 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 | 10 | +150.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Churchton 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 increased by 150%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Churchton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Churchton in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Churchton, MD
How long does it take to sell a home in Churchton, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 88 Days | +77.2% |
Summary: Homes in Churchton had an average of 88 days on market in Apr 2024, up by 77.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Churchton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Churchton; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
