Is Walbrook, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Walbrook was a Seller's Market.
Key Takeaway
Walbrook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Walbrook, MD
How much do homes in Walbrook, MD cost?
Median Sold Price
$233,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Walbrook have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Walbrook was $233,000 in April 2024, down 0.9% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $215K | N/A |
| 3 Bedrooms | $164K | $181.9K | +10.9% |
| 4 Bedrooms | $250K | $235K | -6.0% |
| 5+ Bedrooms | $280K | $260K | -7.1% |
Summary: Walbrook housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Northwest | $199.9K | $199.1K | -0.4% |
| Walbrook | $235K | $233K | -0.9% |
| Hanlon / Longwood | $240K | $225K | -6.3% |
| West | $110K | $85K | -22.7% |
| Coppin Heights / Ash-Co-East | $157.9K | $78.2K | -50.5% |
Housing Supply in Walbrook, MD
How many homes are available in Walbrook, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The Walbrook real estate market had 25 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Walbrook housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walbrook, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Walbrook in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Walbrook, MD
How long does it take to sell a home in Walbrook, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 61 Days | -8.6% |
Summary: Homes in Walbrook had an average of 61 days on market in Apr 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Walbrook are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Walbrook; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
