Is Church Hill, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Church Hill is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Church Hill was a Seller's Market.

Key Takeaway

Church Hill 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 Church Hill, MD

How much do homes in Church Hill, MD cost?

Median Sold Price

$513,827

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,827(+0.8%)

Key Takeaway

Homes in Church Hill have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Church Hill was $513,827 in November 2024, up 0.8% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$225K
N/A
2 $532.5K$230K
-56.8%
3 $384K$451.2K
+17.5%
4 $520K$521.7K
0.3%
5+ $685K$614.6K
-10.3%

Summary: Church Hill 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 decreased by 56.8%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 10.3%.

Housing Supply in Church Hill, MD

How many homes are available in Church Hill, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3624-33.3%

Summary: The Church Hill real estate market had 24 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 1410
-28.6%
4 2014
-30.0%
5+ 00
0.0%

Summary: The Church Hill 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 decreased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
134-69.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Church Hill, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Church Hill in November 2024, down by 69.2% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Church Hill, MD

How long does it take to sell a home in Church Hill, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
194 Days2 Days-98.8%

Summary: Homes in Church Hill had an average of 2 days on market in Nov 2024, down by 98.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Church Hill; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Church Hill, MD

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