$5,926 Closing Credit*
$499,000
2,664 SqFt
4 Beds
•3 Full Baths
Danielle L Biegner, Listing Office: RE/MAX One
Is Waldorf, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Waldorf has remained a Seller's Market.
Key Takeaway
Waldorf is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waldorf, MD
How much do homes in Waldorf, MD cost?
Median Sold Price
$415,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+3.8%)
Key Takeaway
Homes in Waldorf have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Waldorf was $415,000 in November 2024, up 3.8% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $288.7K | $315K | +9.1% |
| 3 Bedrooms | $350K | $375K | +7.1% |
| 4 Bedrooms | $437.2K | $470K | +7.5% |
| 5+ Bedrooms | $550K | $574.9K | +4.5% |
Summary: Waldorf housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in Waldorf, MD
How many homes are available in Waldorf, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 242 | 264 | +9.1% |
Summary: The Waldorf real estate market had 264 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 126 | 140 | +11.1% |
| 4 Bedrooms | 83 | 92 | +10.8% |
| 5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The Waldorf housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 57 | +1.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waldorf, expect to pay close to the asking price. 42.1% of homes here sold near the asking price last month.
Summary: A total of 57 homes were sold or pending in Waldorf in November 2024, up by 1.8% month-over-month. Of the 57 sold homes, 19% were sold under asking, 42% were sold at asking, and 39% were sold over asking.
Days on Market for Waldorf, MD
How long does it take to sell a home in Waldorf, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +23.6% |
Summary: Homes in Waldorf had an average of 25 days on market in Nov 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Waldorf are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 57 homes were sold in Waldorf; 72% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
