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 October 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

$435,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+3.6%)

Key Takeaway

Homes in Walkersville have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Walkersville was $435,000 in October 2024, up 3.6% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $215K$230K
+7.0%
3 $340K$325K
-4.4%
4 $495.9K$511.5K
+3.1%
5+ $490K$620K
+26.5%

Summary: Walkersville 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%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 3.1%, 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

Sep 2024Oct 2024CHANGE
3134+9.7%

Summary: The Walkersville real estate market had 34 homes for sale in October 2024, a 9.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1615
-6.3%
4 915
+66.7%
5+ 32
-33.3%

Summary: The Walkersville 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 decreased by 33.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 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. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Walkersville in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% 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

Oct 2023Oct 2024CHANGE
15 Days17 Days+13.2%

Summary: Homes in Walkersville had an average of 17 days on market in Oct 2024, up by 13.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 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 October 2024, 9 homes were sold in Walkersville; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

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