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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williamsport is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Williamsport was a Neutral Market.

Key Takeaway

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

Housing Prices in Williamsport, MD

How much do homes in Williamsport, MD cost?

Median Sold Price

$325,000

$160/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$61,250(-15.9%)

Key Takeaway

Homes in Williamsport have sold for 15.9% less than they did a month ago.

Summary: The median home sold price in Williamsport was $325,000 in November 2024, down 15.9% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$227.5K
N/A
3 $292.5K$299.5K
+2.4%
4 $450K$490K
+8.9%
5+ $625K$588.8K
-5.8%

Summary: Williamsport housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 5.8%.

Housing Supply in Williamsport, MD

How many homes are available in Williamsport, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4041+2.5%

Summary: The Williamsport real estate market had 41 homes for sale in November 2024, a 2.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1815
-16.7%
4 1114
+27.3%
5+ 56
+20.0%

Summary: The Williamsport 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
617+183.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Williamsport, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Williamsport in November 2024, up by 183.3% month-over-month. Of the 17 sold homes, 24% were sold under asking, 35% were sold at asking, and 41% were sold over asking.

Days on Market for Williamsport, MD

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

Average Sale Time

Oct 2024Nov 2024CHANGE
35 Days36 Days+2.9%

Summary: Homes in Williamsport had an average of 36 days on market in Nov 2024, up by 2.9% compared to last month.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 17 homes were sold in Williamsport; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% 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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