Is Walworth, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Walworth has remained a Seller's Market.
Key Takeaway
Walworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walworth, NY
How much do homes in Walworth, NY cost?
Median Sold Price
$271,500
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Walworth have sold for 4% more than they did a year ago.
Summary: The median home sold price in Walworth was $271,500 in March 2024, up 4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $161.2K | -26.7% |
| 3 Bedrooms | $267K | $262.5K | -1.7% |
| 4 Bedrooms | $290K | $310K | +6.9% |
| 5+ Bedrooms | $270K | $309K | +14.4% |
Summary: Walworth housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.7%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Cities
| Williamson | $182.9K | $227.5K | +24.4% |
| Ontario | $280K | $317K | +13.2% |
| Walworth | $261K | $271.5K | +4.0% |
Housing Supply in Walworth, NY
How many homes are available in Walworth, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Walworth real estate market had 16 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 8 | +100.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Walworth housing inventory by bedroom type for March 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walworth, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Walworth in March 2024, up by 300.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for Walworth, NY
How long does it take to sell a home in Walworth, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 14 Days | 23 Days | +65.0% |
Summary: Homes in Walworth had an average of 23 days on market in Mar 2024, up by 65% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walworth are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Walworth; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
