Is Cheltenham, MD 20623 a buyer’s or seller’s market?
Cheltenham is a seller’s market. With about 1.9 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.9Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$209▼ −24.4% vs. last year
Run the numbers for 20623
Nearby markets
Accokeek 20607Seller’s market $215 /sq ftAquasco 20608Buyer’s market $235 /sq ftBeltsville 20705Seller’s market $237 /sq ftBladensburg 20710Seller’s market $233 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology