$8,075 Closing Credit*
$680,000
3,154 SqFt
4 Beds
•2 Full Baths, 1 Partial
Regina M Crabb, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is Churchville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Churchville was a Seller's Market.
Key Takeaway
Churchville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Churchville, MD
How much do homes in Churchville, MD cost?
Median Sold Price
$625,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$103,000(+19.7%)
Key Takeaway
Homes in Churchville have sold for 19.7% more than they did a year ago.
Summary: The median home sold price in Churchville was $625,000 in October 2024, up 19.7% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $750K | +275.0% |
| 3 Bedrooms | $400K | $410K | +2.5% |
| 4 Bedrooms | $536K | $640K | +19.4% |
| 5+ Bedrooms | $800K | $650K | -18.8% |
Summary: Churchville housing prices by bedroom type for October 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 increased by 2.5%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 18.8%.
Housing Supply in Churchville, MD
How many homes are available in Churchville, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Churchville real estate market had 15 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Churchville housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Churchville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Churchville in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 23 Days | -49.6% |
Summary: Homes in Churchville had an average of 23 days on market in Oct 2024, down by 49.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Churchville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Churchville; 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.
