$4,749 Closing Credit*
$399,900
1,544 SqFt
3 Beds
•2 Full Baths
Tyna Lucke, Listing Office: CENTURY 21 New Millennium
Is Waldorf, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,027(+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 October 2024, up 3.8% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $288.7K | $310K | +7.4% |
| 3 Bedrooms | $350K | $375K | +7.1% |
| 4 Bedrooms | $435.6K | $469.6K | +7.8% |
| 5+ Bedrooms | $550K | $560K | +1.8% |
Summary: Waldorf housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in Waldorf, MD
How many homes are available in Waldorf, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 230 | 274 | +19.1% |
Summary: The Waldorf real estate market had 274 homes for sale in October 2024, a 19.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 121 | 143 | +18.2% |
| 4 Bedrooms | 80 | 94 | +17.5% |
| 5+ Bedrooms | 19 | 25 | +31.6% |
Summary: The Waldorf 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 increased by 22.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 31.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 48 | -36.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waldorf, you could pay more than the asking price. 39.6% of homes here sold above asking price last month.
Summary: A total of 48 homes were sold or pending in Waldorf in October 2024, down by 36.0% month-over-month. Of the 48 sold homes, 33% were sold under asking, 27% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 23 Days | +42.4% |
Summary: Homes in Waldorf had an average of 23 days on market in Oct 2024, up by 42.4% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
12 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 October 2024, 48 homes were sold in Waldorf; 73% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
