Is Charlotte Hall, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlotte Hall is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Charlotte Hall was a Seller's Market.

Key Takeaway

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

Housing Prices in Charlotte Hall, MD

How much do homes in Charlotte Hall, MD cost?

Median Sold Price

$544,950

$247/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$72,450(+15.3%)

Key Takeaway

Homes in Charlotte Hall have sold for 15.3% more than they did a month ago.

Summary: The median home sold price in Charlotte Hall was $544,950 in November 2024, up 15.3% from last month, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $465K$439.9K
-5.4%
4 $480K-
N/A
5+ -$650K
N/A

Summary: Charlotte Hall housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Charlotte Hall, MD

How many homes are available in Charlotte Hall, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1612-25.0%

Summary: The Charlotte Hall real estate market had 12 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 96
-33.3%
5+ 33
0.0%

Summary: The Charlotte Hall 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charlotte Hall, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Charlotte Hall in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Charlotte Hall, MD

How long does it take to sell a home in Charlotte Hall, MD?

Average Sale Time

Oct 2024Nov 2024CHANGE
14 Days68 Days+369.0%

Summary: Homes in Charlotte Hall had an average of 68 days on market in Nov 2024, up by 369% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Charlotte Hall are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Charlotte Hall; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in Charlotte Hall, MD

Nearby Markets to Charlotte Hall, MD

What housing markets are near Charlotte Hall, MD?