$10,000 Closing Credit*
$984,999
6,633 SqFt
5 Beds
•4 Full Baths, 1 Partial
Benjamin J Marzette, Listing Office: Marzette Properties, Inc.
Is Charles County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$439,504
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,540(+4.7%)
Key Takeaway
Homes in Charles County have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Charles County was $439,504 in October 2024, up 4.7% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $195K | +18.2% |
| 2 Bedrooms | $285K | $307.2K | +7.8% |
| 3 Bedrooms | $376.4K | $385.1K | +2.3% |
| 4 Bedrooms | $474.6K | $507.4K | +6.9% |
| 5+ Bedrooms | $565.3K | $599.9K | +6.1% |
Summary: Charles County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Counties
| King George County | $429.9K | $460K | +7.0% |
| Calvert County | $425K | $449.9K | +5.9% |
| Saint Mary's County | $388.7K | $408.7K | +5.1% |
| Charles County | $419.9K | $439.5K | +4.7% |
| Prince George's County | $415.1K | $429.5K | +3.5% |
Housing Supply in Charles County, MD
How many homes are available in Charles County, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 632 | 675 | +6.8% |
Summary: The Charles County real estate market had 675 homes for sale in October 2024, a 6.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 36 | 36 | 0.0% |
| 3 Bedrooms | 262 | 289 | +10.3% |
| 4 Bedrooms | 239 | 249 | +4.2% |
| 5+ Bedrooms | 89 | 96 | +7.9% |
Summary: The Charles County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 7.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 183 | 123 | -32.8% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
47 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charles County, expect to pay close to the asking price. 38.2% of homes here sold near the asking price last month.
Summary: A total of 123 homes were sold or pending in Charles County in October 2024, down by 32.8% month-over-month. Of the 123 sold homes, 27% were sold under asking, 38% were sold at asking, and 35% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 33 Days | +53.0% |
Summary: Homes in Charles County had an average of 33 days on market in Oct 2024, up by 53% compared to last year.
Breakdown of Home Sale Times
83 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
11 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 October 2024, 123 homes were sold in Charles County; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
