Is Walkersville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Walkersville has remained a Seller's Market.
Key Takeaway
Walkersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walkersville, MD
How much do homes in Walkersville, MD cost?
Median Sold Price
$405,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Walkersville have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in Walkersville was $405,000 in May 2024, down 6.3% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202.5K | $230K | +13.6% |
| 3 Bedrooms | $322.5K | $351K | +8.8% |
| 4 Bedrooms | $459.9K | $500K | +8.7% |
| 5+ Bedrooms | $836.8K | $577.5K | -31.0% |
Summary: Walkersville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 31%.
Housing Supply in Walkersville, MD
How many homes are available in Walkersville, MD?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Walkersville real estate market had 34 homes for sale in May 2024, a 13.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Walkersville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walkersville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Walkersville in May 2024, up by 50.0% month-over-month. Of the 9 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Walkersville, MD
How long does it take to sell a home in Walkersville, MD?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 44 Days | 11 Days | -75.2% |
Summary: Homes in Walkersville had an average of 11 days on market in May 2024, down by 75.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walkersville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Walkersville; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
