$6,531 Closing Credit*
$550,000
2,172 SqFt
4 Beds
•2 Full Baths, 1 Partial
Christopher T Clemons, Listing Office: CENTURY 21 New Millennium
Is Charlotte Hall, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Charlotte Hall has remained a Seller's Market.
Key Takeaway
Charlotte Hall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Charlotte Hall, MD
How much do homes in Charlotte Hall, MD cost?
Median Sold Price
$585,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$125,000(+27.2%)
Key Takeaway
Homes in Charlotte Hall have sold for 27.2% more than they did a year ago.
Summary: The median home sold price in Charlotte Hall was $585,000 in September 2024, up 27.2% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $275K | N/A |
| 3 Bedrooms | $375K | $417K | +11.2% |
| 4 Bedrooms | $568K | $682K | +20.1% |
| 5+ Bedrooms | $625K | $738.9K | +18.2% |
Summary: Charlotte Hall housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Cities
| Charlotte Hall | $460K | $585K | +27.2% |
| Newburg | $408.5K | $455K | +11.4% |
| Mechanicsville | $375.5K | $403.3K | +7.4% |
Housing Supply in Charlotte Hall, MD
How many homes are available in Charlotte Hall, MD?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The Charlotte Hall real estate market had 19 homes for sale in September 2024, a 18.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Charlotte Hall housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlotte Hall, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Charlotte Hall in September 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 118 Days | 25 Days | -78.5% |
Summary: Homes in Charlotte Hall had an average of 25 days on market in Sep 2024, down by 78.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Charlotte Hall are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Charlotte Hall; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
