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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williamsport is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Williamsport was a Seller's Market.

Key Takeaway

Williamsport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Williamsport, MD

How much do homes in Williamsport, MD cost?

Median Sold Price

$335,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,300(+5.1%)

Key Takeaway

Homes in Williamsport have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Williamsport was $335,000 in October 2024, up 5.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $127.5K-
N/A
2 $210K$151K
-28.1%
3 $308.7K$315K
+2.0%
4 $400.5K$434.9K
+8.6%
5+ $579.4K$492.5K
-15.0%

Summary: Williamsport 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 decreased by 28.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 15%.

Housing Supply in Williamsport, MD

How many homes are available in Williamsport, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43430.0%

Summary: The Williamsport real estate market had 43 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2019
-5.0%
4 1213
+8.3%
5+ 56
+20.0%

Summary: The Williamsport 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 16.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Williamsport in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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 2023Oct 2024CHANGE
34 Days35 Days+2.1%

Summary: Homes in Williamsport had an average of 35 days on market in Oct 2024, up by 2.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was 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 October 2024, 6 homes were sold in Williamsport; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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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