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Housing in Cheverly

64 homes sold in Cheverly in the last year, at a typical $510K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cheverly homes are listed.

Homes sold
64
June 2025 to May 2026
Typical sale price
$510K
median, weighted by sales
Price per square foot
$264
Maryland $226
Paid vs. asking
98.8%
19% sold over asking
For sale now
8
May 2026 · 9 sold that month
What sold · last 12 months

Houses are 100% of Cheverly’s sales, at a typical $510K

64 homes sold in the year to May 2026.

Houses$510K

typical sale · 64 sold in 12 months

Per square foot
$264MD $239
Days to sell
74
Sold over asking
19%
Listings with a price cut
36%
14 years of sales

About as many homes sell as usual, at 1.5 times the 2016 price

64 sales in the last year, against 100 in 2021 and a low of 55 in 2024. The typical sale went from $342K in 2016 to $510K.

Homes soldTypical sale price
0255075100$225K$350K$475K$600K2012: 69 sold, typical $213K’122013: 71 sold, typical $270K2014: 68 sold, typical $309K’142015: 68 sold, typical $326K2016: 95 sold, typical $342K’162017: 80 sold, typical $352K2018: 72 sold, typical $368K’182019: 83 sold, typical $403K2020: 76 sold, typical $417K’202021: 100 sold, typical $482K2022: 71 sold, typical $511K’222023: 60 sold, typical $484K2024: 55 sold, typical $521K’242025: 64 sold, typical $491KLast 12 months: 64 sold, typical $510KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Cheverly

Houseat $264 a sq ft
The same money in Marylandat $239 a sq ft

Is this asking price fair?

Check a listing against what Cheverly homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Cheverly are rarer than before the pandemic, and more homes are for sale

We read every month of Cheverly’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 64 sales.

If you’re buying in Cheverly

  • Shop in September. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
  • You can negotiate. 36% of listings have cut their price, against 29% before the pandemic.
  • Bid near asking. Buyers paid 98.8% of the list price on average; 19% paid over.
  • You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 74 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 10 a month), and the most competition: 55% close over asking. September offers nearly as much choice with fewer homes bid up (37%). January has the least competition (31%) but only about 6 new listings.

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 6 new listings a month, 31% sold over asking, 42 days to sellJFeb: 5 new listings a month, 43% sold over asking, 53 days to sellFMar: 10 new listings a month, 53% sold over asking, 35 days to sellMApr: 9 new listings a month, 43% sold over asking, 29 days to sellAMay: 10 new listings a month, 55% sold over asking, 19 days to sellMJun: 8 new listings a month, 44% sold over asking, 25 days to sellJJul: 8 new listings a month, 42% sold over asking, 18 days to sellJAug: 7 new listings a month, 49% sold over asking, 32 days to sellASep: 9 new listings a month, 37% sold over asking, 49 days to sellSOct: 7 new listings a month, 42% sold over asking, 30 days to sellONov: 4 new listings a month, 36% sold over asking, 33 days to sellNDec: 3 new listings a month, 34% sold over asking, 63 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Maryland

Cheverly now2017–192021 peakMD now
Sold over askingShare of sales that closed above the list price19%40%55%34%
Gone within two weeksShare of homes under contract within 14 days25%39%64%41%
Listings with a price cutShare of homes for sale that cut their price36%29%30%27%
Price paid vs. askingAverage sale price ÷ list price98.8%101.1%103.9%99.8%
Days to sellMedian days from listing to contract74322143
Supply

15 homes for sale on a typical day

That’s twice the 2023 low (7) and 18% more than in 2017–19.

2012: 12 for sale’122013: 17 for sale2014: 14 for sale2015: 14 for sale’152016: 17 for sale2017: 13 for sale2018: 11 for sale’182019: 14 for sale2020: 11 for sale2021: 8 for sale’212022: 13 for sale2023: 7 for sale2024: 10 for sale’242025: 18 for saleLast 12 months: 15 for saleNow
Room to negotiate

1 in 3 listings has cut its price

36% in the last year, against 29% in 2017–19 and 27% across Maryland. More sellers are pricing high and coming down.

2015: 33%’152016: 31%2017: 29%2018: 31%’182019: 28%2020: 33%2021: 30%’212022: 34%2023: 25%2024: 33%’242025: 33%Last 12 months: 36%Now
Across Maryland

Cheverly ranks 178th of 185 busy Maryland markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Cheverly is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cheverly home costs about $3,216 a month

Mortgage
Property tax
Insurance
Rent

Price: Cheverly’s typical sale, last 12 months. Property tax at Cheverly’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cheverly is affordable on local pay is on Cost of living.

Before you buy in Cheverly

Six things worth knowing

10

New listings in May

The month with the most choice. December has the fewest, about 3.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $510K home, about $6,660 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Cheverly, from test results, graduation and how much students grow.

Schools in Cheverly
30 min

Typical commute

The average one-way trip to work for people who live in Cheverly.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Bladensburg, Landover and Fairmount Heights sell for less a square foot

The busier markets within 25 miles of Cheverly, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Landover177$320K$24334%54
Cheverly64$510K$26419%74
East Riverdale55$369K$29725%58
Seat Pleasant45$345K$27136%50
Peppermill Village38$375K$29834%56
Bladensburg27$279K$23041%44
Fairmount Heights26$337K$24231%64

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cheverly, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cheverly. People who follow the town see it, and so do people comparing Cheverly with their own town. No commission, no listing fee.

Questions about buying a home in Cheverly

What do homes sell for in Cheverly, MD?

64 homes sold in the year to May 2026 at a typical $510K, $264 a square foot.

Is Cheverly a buyer’s or seller’s market?

A seller’s market: 8 homes were for sale in May 2026 and 9 sold, about 0.9 months of supply. Buyers paid 98.8% of asking on average, and 36% of listings cut their price.

When is the best time to buy in Cheverly?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cheverly?

About 1.3% of a home’s value a year. On a $510K home that’s near $6,660.

Where can I see homes for sale in Cheverly?

Zillow, Redfin, Realtor.com and Homes.com all carry Cheverly’s MLS listings; the search links above open each one filtered to Cheverly.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).