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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walbrook is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 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

$150,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$75,000(-33.3%)

Key Takeaway

Homes in Walbrook have sold for 33.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $229.9K$150K
-34.8%
4 $225K-
N/A
5+ $60.5K-
N/A

Summary: Walbrook housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 34.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Walbrook, MD

How many homes are available in Walbrook, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2321-8.7%

Summary: The Walbrook real estate market had 21 homes for sale in October 2024, a 8.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1514
-6.7%
4 66
0.0%
5+ 10
-100.0%

Summary: The Walbrook housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

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 October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% 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

Sep 2024Oct 2024CHANGE
23 Days107 Days+354.8%

Summary: Homes in Walbrook had an average of 107 days on market in Oct 2024, up by 354.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Walbrook; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 14 Days Ago

Newest Listings in Walbrook, MD

Nearby Markets to Walbrook, MD