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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Churchville is a neutral's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Churchville was a Seller's Market.

Key Takeaway

Churchville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Churchville, MD cost?

Median Sold Price

$467,500

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$17,500(+3.9%)

Key Takeaway

Homes in Churchville have sold for 3.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $295K$515K
+74.6%
3 $380K$375K
-1.3%
4 $450K$640K
+42.2%
5+ $666.6K$595K
-10.8%

Median Sold Price Compared To Nearby Cities

Churchville
+3.9%
Darlington
-7.2%

How many homes are available in Churchville, MD?

Number of Homes For Sale

Sep 2022Oct 2022%
87-12.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 64
-33.3%
5+ 23
+50.0%

Number of Homes Sold

Sep 2022Oct 2022%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Churchville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
23 Days37 Days+57.4%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Churchville has remained consistent over time.

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

About Churchville, MD

Churchville, MD has 7 homes for sale to choose from. The number of listings in Churchville, MD decreased by 12.5% between September 2022 and October 2022. Listings spent 37 days on the market in October 2022, and had a median list price of $467,500 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 74.6%, 3 bedrooms properties became 1.3% more cheaper, 4 bedrooms properties became 42.2% more expensive, the cost of 5 bedrooms properties went down by 10.8%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes did not move, 3 bedrooms homes inventory did not change, 4 bedrooms homes inventory decreased by 33.3%, volume of 5 bedrooms homes went up by 50%. In October 2022 more than 0 listings in Churchville, MD were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below.