Chesapeake Ranch Estates, MD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Chesapeake Ranch Estates, MD is $369,000, up 1.1% year-over-year. Homes sell in an average of 48 days with 32 active listings. The market is currently a seller's market.
$369,000median sale price
Is Chesapeake Ranch Estates a buyer's or seller's market?
Chesapeake Ranch Estates, MD is currently a seller's market, based on 2.5 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
48
Average pace
Active listings
32
2.5 months supply
Sale-to-list
99.0%
Below asking
Chesapeake Ranch Estates, MD market data
| Metric | Value |
|---|---|
| Median sale price | $369,000 |
| Median list price | $357,950 |
| Year-over-year price change | +1.1% |
| Average days on market | 48 days |
| Active inventory | 32 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 99.0% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Chesapeake Ranch Estates housing market is currently classified as a seller's market with a median sale price of $369,000. Prices have risen 1.1% compared to last year, with homes spending an average of 48 days on market, indicating 2.5 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 Ranch Estates
There are currently 32 homes listed for sale in Chesapeake Ranch Estates, Maryland. The median listing price is $358K.
Active listings
32
Homes on market
Median list price
$358K
Avg. days on market
48
Days until sale
New this week
10
Newly listed
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Frequently asked questions
What is the average home price in Chesapeake Ranch Estates?
The median home sale price in Chesapeake Ranch Estates is $369,000, up 1.1% from last year.
How long do homes stay on market in Chesapeake Ranch Estates?
Homes typically spend 48 days on market before going under contract.
Is Chesapeake Ranch Estates a buyer's or seller's market?
With 2.5 months of supply, Chesapeake Ranch Estates is currently a seller's market.
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