$5,522 Closing Credit*
$465,000
2,392 SqFt
4 Beds
•2 Full Baths, 1 Partial
Christy M Gartland, Listing Office: CENTURY 21 New Millennium
Is Charles County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Charles County has remained a Seller's Market.
Key Takeaway
Charles County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Charles County, MD
How much do homes in Charles County, MD cost?
Median Sold Price
$440,654
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,248(+4.6%)
Key Takeaway
Homes in Charles County have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Charles County was $440,654 in November 2024, up 4.6% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $150K | 0.0% |
| 2 Bedrooms | $285K | $314.9K | +10.5% |
| 3 Bedrooms | $379.4K | $385K | +1.5% |
| 4 Bedrooms | $470K | $510K | +8.5% |
| 5+ Bedrooms | $565K | $604.6K | +7.0% |
Summary: Charles County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Counties
| Calvert County | $422.5K | $454.7K | +7.6% |
| King George County | $430K | $460.9K | +7.2% |
| Saint Mary's County | $389.9K | $412K | +5.7% |
| Charles County | $421.4K | $440.6K | +4.6% |
| Prince George's County | $418.3K | $429.9K | +2.8% |
Housing Supply in Charles County, MD
How many homes are available in Charles County, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 611 | 654 | +7.0% |
Summary: The Charles County real estate market had 654 homes for sale in November 2024, a 7.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 35 | 38 | +8.6% |
| 3 Bedrooms | 262 | 283 | +8.0% |
| 4 Bedrooms | 225 | 239 | +6.2% |
| 5+ Bedrooms | 84 | 89 | +6.0% |
Summary: The Charles County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 139 | 125 | -10.1% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charles County, expect to pay close to the asking price. 40.8% of homes here sold near the asking price last month.
Summary: A total of 125 homes were sold or pending in Charles County in November 2024, down by 10.1% month-over-month. Of the 125 sold homes, 21% were sold under asking, 41% were sold at asking, and 38% were sold over asking.
Days on Market for Charles County, MD
How long does it take to sell a home in Charles County, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 37 Days | +48.0% |
Summary: Homes in Charles County had an average of 37 days on market in Nov 2024, up by 48% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Charles County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 125 homes were sold in Charles County; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
