The Cheverly housing market is very competitive. The median sale price of a home in Cheverly was $530K last month, up .0% since last year. The median sale price per square foot in Cheverly is $285, up 8.8% since last year.
What is the housing market like in Cheverly today?
In May 2024, Cheverly home prices were up .0% compared to last year, selling for a median price of $530K. On average, homes in Cheverly sell after 4 days on the market compared to 26 days last year. There were 8 homes sold in May this year, down from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$530,000
0.0% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Cheverly, MD
$530,000
0.0%
United States
To compare other locations to the Cheverly and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cheverly add value to a home.
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How hot is the Cheverly housing market?
Cheverly is very competitive. Homes sell in 24.5 days.
0
100
83
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 25 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Cheverly
Explore recent offers and recently sold homes in Cheverly
Recent offers
Winning Offer|
5 Weeks Ago
~$400K Offer
3bd | 2ba | ~1,750sqft
Under List Price
4%
Days on Market
25
Competing Offers
0
Down Payment
—
Tiernan Dickens
Cheverly Redfin Agent
We managed to negotiate a deal with all contingencies intact for the win!
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cheverly housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cheverly.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cheverly has a moderate risk of flooding. 276 properties in Cheverly are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Cheverly. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cheverly has a minor risk of wildfire. There are 147 properties in Cheverly that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Cheverly.
68% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Cheverly has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cheverly is most at risk from hurricanes. 1,515 properties in Cheverly have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 78 mph.