Housing Prices in Welcome, MD

How much do homes in Welcome, MD cost?

Median List Price

$610,000

$181/sqft

Based on all homes listed in the last 12 months.

Difference Since September 2023

+$130,075(+27.1%)

Key Takeaway

The list price of homes in Welcome has increased by 27.1% since last year.

Summary: The median home list price in Welcome was $610,000 in September 2024, up 27.1% from the previous year, and the median price per square foot was $181.

Median List Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $265K-
N/A
3 $325K$452.4K
+39.2%
4 $474.8K$649.9K
+36.9%
5+ $587K$717.4K
+22.2%

Summary: Welcome housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 39.2%, 4 bedroom homes increased by 36.9%, and 5+ bedroom homes increased by 22.2%.

Median List Price Compared To Nearby Cities

Port Tobacco
+47.3%
Welcome
+27.1%
Newburg
+17.9%
Nanjemoy
+2.4%

Housing Supply in Welcome, MD

How many homes are available in Welcome, MD?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
13+200.0%

Summary: The Welcome real estate market had 3 homes for sale in September 2024, a 200.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 01
+100.0%
5+ 01
+100.0%

Summary: The Welcome housing inventory by bedroom type for September 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 100%, and 5+ bedroom homes increased by 100%.

Days on Market for Welcome, MD

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

Average Listing Age

Sep 2023Sep 2024CHANGE
75 Days24 Days-68.0%

Summary: Homes in Welcome had an average listing age of 24 days in Sep 2024, down by 68% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Welcome, MD

Nearby Markets to Welcome, MD

What housing markets are near Welcome, MD?