Is Waltherson, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waltherson is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Waltherson has remained a Seller's Market.

Key Takeaway

Waltherson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Waltherson, MD

How much do homes in Waltherson, MD cost?

Median Sold Price

$235,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,000(+2.6%)

Key Takeaway

Homes in Waltherson have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Waltherson was $235,000 in April 2024, up 2.6% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $135K$174.1K
+29.0%
3 $214K$205.5K
-4.0%
4 $325K$278.9K
-14.2%
5+ $335K$295K
-11.9%

Summary: Waltherson 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 increased by 29%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes decreased by 11.9%.

Housing Supply in Waltherson, MD

How many homes are available in Waltherson, MD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
31310.0%

Summary: The Waltherson real estate market had 31 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1918
-5.3%
4 67
+16.7%
5+ 23
+50.0%

Summary: The Waltherson 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 25%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waltherson, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Waltherson in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 0% were sold under asking, 57% were sold at asking, and 43% were sold over asking.

Days on Market for Waltherson, MD

How long does it take to sell a home in Waltherson, MD?

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days6 Days-71.3%

Summary: Homes in Waltherson had an average of 6 days on market in Apr 2024, down by 71.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Waltherson are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Waltherson; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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