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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waltherson is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Waltherson, MD

How much do homes in Waltherson, MD cost?

Median Sold Price

$240,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,000(+4.3%)

Key Takeaway

Homes in Waltherson have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Waltherson was $240,000 in December 2024, up 4.3% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $145.5K$167K
+14.8%
3 $192.5K$214.9K
+11.6%
4 $282K$285K
+1.1%
5+ $359.9K$362K
+0.6%

Summary: Waltherson housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 0.6%.

Housing Supply in Waltherson, MD

How many homes are available in Waltherson, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
31310.0%

Summary: The Waltherson real estate market had 31 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1414
0.0%
4 1112
+9.1%
5+ 54
-20.0%

Summary: The Waltherson housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waltherson, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Waltherson in December 2024, up by 60.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.

Days on Market for Waltherson, MD

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

Average Sale Time

Dec 2023Dec 2024CHANGE
23 Days54 Days+129.8%

Summary: Homes in Waltherson had an average of 54 days on market in Dec 2024, up by 129.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 8 homes were sold in Waltherson; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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 6 Days Ago

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