$6,531 Closing Credit*
$550,000
2,376 SqFt
4 Beds
•2 Full Baths, 1 Partial
Patricia J Patton, Listing Office: CENTURY 21 New Millennium
Is Churchville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Churchville was a Buyer'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
$561,000
$210/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$331,500(-37.1%)
Key Takeaway
Homes in Churchville have sold for 37.1% less than they did a month ago.
Summary: The median home sold price in Churchville was $561,000 in September 2024, down 37.1% from last month, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $422K | N/A |
| 4 Bedrooms | $385K | $697.7K | +81.2% |
| 5+ Bedrooms | $1.4M | - | N/A |
Summary: Churchville housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 81.2%, and 5+ bedroom homes did not change.
Housing Supply in Churchville, MD
How many homes are available in Churchville, MD?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Churchville real estate market had 15 homes for sale in September 2024, a 7.1% 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 | 3 | 0.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Churchville 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 remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Churchville, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Churchville in September 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% 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
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 Days | 18 Days | +44.0% |
Summary: Homes in Churchville had an average of 18 days on market in Sep 2024, up by 44% compared to last month.
Breakdown of Home Sale Times
3 Homes Were 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 September 2024, 4 homes were sold in Churchville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
