Is Chesapeake Beach, MD 20732 a buyer’s or seller’s market?
Chesapeake Beach is a seller’s market. With about 1.7 months of supply and 32% 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.
More competitive than 70% of U.S. ZIP codes, and #120 of 241 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Chesapeake Beach housing market right now
In the three months ending August 31, 2026, 32% of homes in Chesapeake Beach, MD 20732 sold above their list price, the typical home went under contract in 47 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 68 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 35%, homes sold more slowly (36 days then) and the median sale price fell 4% to $440,809. Overall, Chesapeake Beach is less competitive than a year ago, which gives buyers more room.
Within Calvert County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell more often over asking than in 55%. On our competition score, Chesapeake Beach ranks #120 of 241 MD ZIP codes with enough sales (score 66 out of 100).
Nearby, buyers who want less competition could look at Dowell 20629 (0% sold over asking) or Broomes Island 20615 (0% sold over asking), while Huntingtown 20639 (47% sold over asking) and Port Republic 20676 (43% sold over asking) are even more competitive.
Run the numbers for 20732
Nearby markets
Broomes Island 20615Buyer’s market $308 /sq ftDowell 20629Buyer’s market $166 /sq ftDunkirk 20754Seller’s market $220 /sq ftHuntingtown 20639Seller’s market $210 /sq ft Browse all markets →Towns like Chesapeake Beach nearby
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Questions about Chesapeake Beach real estate
Is Chesapeake Beach a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in Chesapeake Beach, MD 20732 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Chesapeake Beach?
The typical home went under contract in 47 days in the latest three months.
Do homes in Chesapeake Beach sell over asking?
32% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.
What are property taxes in Chesapeake Beach?
About 0.84% of a home’s value a year in Calvert County, or roughly $3,360 on a $400,000 home.
What is the median home price in Chesapeake Beach?
The median sale price was $440,809 in the three months ending August 31, 2026, about $261 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology