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 seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Charlotte Hall was a Buyer'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

$555,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$92,500(+20.0%)

Key Takeaway

Homes in Charlotte Hall have sold for 20% more than they did a year ago.

Summary: The median home sold price in Charlotte Hall was $555,000 in December 2024, up 20% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$275K
N/A
3 $390K$432.4K
+10.9%
4 $578.9K$604K
+4.3%
5+ $678K$650K
-4.1%

Summary: Charlotte Hall housing prices by bedroom type for December 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 10.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 4.1%.

Median Sold Price Compared To Nearby Cities

Newburg
+20.8%
Charlotte Hall
+20.0%
Mechanicsville
+7.8%

Housing Supply in Charlotte Hall, MD

How many homes are available in Charlotte Hall, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1214+16.7%

Summary: The Charlotte Hall real estate market had 14 homes for sale in December 2024, a 16.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 56
+20.0%
5+ 44
0.0%

Summary: The Charlotte Hall housing inventory by bedroom type for December 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 33.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
90 Days50 Days-43.9%

Summary: Homes in Charlotte Hall had an average of 50 days on market in Dec 2024, down by 43.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was 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 December 2024, 4 homes were sold in Charlotte Hall; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in Charlotte Hall, MD

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