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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walkersville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Walkersville has remained a Seller's Market.

Key Takeaway

Walkersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Walkersville, MD

How much do homes in Walkersville, MD cost?

Median Sold Price

$438,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,000(+5.5%)

Key Takeaway

Homes in Walkersville have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Walkersville was $438,000 in November 2024, up 5.5% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $215K$230K
+7.0%
3 $340K$357.6K
+5.2%
4 $496.9K$513.2K
+3.3%
5+ $490K$620K
+26.5%

Summary: Walkersville 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 7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 26.5%.

Housing Supply in Walkersville, MD

How many homes are available in Walkersville, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3426-23.5%

Summary: The Walkersville real estate market had 26 homes for sale in November 2024, a 23.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1511
-26.7%
4 1513
-13.3%
5+ 21
-50.0%

Summary: The Walkersville 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 50%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walkersville, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Walkersville in November 2024, up by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.

Days on Market for Walkersville, MD

How long does it take to sell a home in Walkersville, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days33 Days+513.6%

Summary: Homes in Walkersville had an average of 33 days on market in Nov 2024, up by 513.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Walkersville; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% 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 17 Days Ago

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