$416 Closing Credit*
$35,000
1,530 SqFt
Adam M Shpritz, Listing Office: Ashland Auction Group LLC
Is Waltherson, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Waltherson was a Seller's Market.
Key Takeaway
Waltherson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Waltherson, MD
How much do homes in Waltherson, MD cost?
Median Sold Price
$235,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+2.2%)
Key Takeaway
Homes in Waltherson have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Waltherson was $235,000 in October 2024, up 2.2% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145.5K | $167K | +14.8% |
| 3 Bedrooms | $199.9K | $207.4K | +3.8% |
| 4 Bedrooms | $280K | $279.9K | 0% |
| 5+ Bedrooms | $359.9K | $356.7K | -0.9% |
Summary: Waltherson 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 14.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.9%.
Housing Supply in Waltherson, MD
How many homes are available in Waltherson, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The Waltherson real estate market had 35 homes for sale in October 2024, a 9.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Waltherson 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 remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Waltherson, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Waltherson in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 19 Days | -16.8% |
Summary: Homes in Waltherson had an average of 19 days on market in Oct 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waltherson are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Waltherson; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
