Is Williamsport, 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, Williamsport was a Neutral Market.
Key Takeaway
Williamsport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Williamsport, MD
How much do homes in Williamsport, MD cost?
Median Sold Price
$335,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Williamsport have sold for 31.9% more than they did a year ago.
Summary: The median home sold price in Williamsport was $335,000 in April 2024, up 31.9% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106K | $127.5K | +20.3% |
| 2 Bedrooms | $160K | $155K | -3.1% |
| 3 Bedrooms | $260K | $328.2K | +26.3% |
| 4 Bedrooms | $352.5K | $405.5K | +15.0% |
| 5+ Bedrooms | - | $579.4K | N/A |
Summary: Williamsport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.3%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes did not change.
Housing Supply in Williamsport, MD
How many homes are available in Williamsport, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Williamsport real estate market had 30 homes for sale in April 2024, a 11.1% increase 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 | 3 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Williamsport 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 increased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Williamsport, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Williamsport in April 2024, up by 100.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Williamsport, MD
How long does it take to sell a home in Williamsport, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 39 Days | +240.9% |
Summary: Homes in Williamsport had an average of 39 days on market in Apr 2024, up by 240.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Williamsport are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Williamsport; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
