Chesapeake City, MD
Housing market overview · Updated weekly
$362,500median sale price
Homes sold
4
Last 12 weeks
Days on market
50
Average pace
Active listings
5
1.3 months supply
Sale-to-list
97.5%
Below asking
The Chesapeake City housing market is currently classified as a seller's market with a median sale price of $362,500. Prices have risen 35.5% compared to last year, with homes spending an average of 50 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Chesapeake City
There are currently 5 homes listed for sale in Chesapeake City, Maryland. The median listing price is $940K.
Active listings
5
Homes on market
Median list price
$940K
Avg. days on market
50
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in Chesapeake City?
The median home sale price in Chesapeake City is $362,500, up 35.5% from last year.
How long do homes stay on market in Chesapeake City?
Homes typically spend 50 days on market before going under contract.
Is Chesapeake City a buyer's or seller's market?
With 1.3 months of supply, Chesapeake City is currently a seller's market.
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