Is Walker Mill, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Walker Mill has remained a Seller's Market.
Housing Prices in Walker Mill, MD
How much do homes in Walker Mill, MD cost?
Median Sold Price
$349,900
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Walker Mill was $349,900 in April 2024, up 11.1% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $241.5K | -3.4% |
3 Bedrooms | $304K | $330K | +8.6% |
4 Bedrooms | $377K | $390K | +3.4% |
5+ Bedrooms | $375K | $477K | +27.2% |
Summary: Walker Mill 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 decreased by 3.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 27.2%.
Housing Supply in Walker Mill, MD
How many homes are available in Walker Mill, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 26 | -13.3% |
Summary: The Walker Mill real estate market had 26 homes for sale in April 2024, a 13.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 16 | 11 | -31.3% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Walker Mill 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 decreased by 33.3%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Walker Mill in April 2024, the same as the previous month. Of the 12 sold homes, 25% were sold under asking, 42% were sold at asking, and 33% were sold over asking.
Days on Market for Walker Mill, MD
How long does it take to sell a home in Walker Mill, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 15 Days | -7.5% |
Summary: Homes in Walker Mill had an average of 15 days on market in Apr 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Walker Mill; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.