Is Churchville, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Churchville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Churchville has remained a Seller's Market.

Key Takeaway

Churchville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Churchville, MD

How much do homes in Churchville, MD cost?

Median Sold Price

$616,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$94,000(+18.0%)

Key Takeaway

Homes in Churchville have sold for 18% more than they did a year ago.

Summary: The median home sold price in Churchville was $616,000 in November 2024, up 18% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $200K$750K
+275.0%
3 $414.9K$410K
-1.2%
4 $550K$640K
+16.4%
5+ $800K$640K
-20.0%

Summary: Churchville 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 increased by 275%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Cities

Darlington
+24.7%
Churchville
+18.0%

Housing Supply in Churchville, MD

How many homes are available in Churchville, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1311-15.4%

Summary: The Churchville real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 66
0.0%
5+ 54
-20.0%

Summary: The Churchville 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Churchville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Churchville in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Churchville, MD

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

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days66 Days+22.2%

Summary: Homes in Churchville had an average of 66 days on market in Nov 2024, up by 22.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Churchville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Churchville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 Nov 1, 2024

Newest Listings in Churchville, MD

Nearby Markets to Churchville, MD