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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worton is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Worton, MD

How much do homes in Worton, MD cost?

Median Sold Price

$285,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$65,000(-18.6%)

Key Takeaway

Homes in Worton have sold for 18.6% less than they did a year ago.

Summary: The median home sold price in Worton was $285,000 in October 2024, down 18.6% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$80K
N/A
2 $210K$199.2K
-5.1%
3 $309.9K$290K
-6.4%
4 $720K$482.5K
-33.0%
5+ $1.2M$1.5M
+25.0%

Summary: Worton 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 5.1%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 33%, and 5+ bedroom homes increased by 25%.

Housing Supply in Worton, MD

How many homes are available in Worton, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The Worton real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 65
-16.7%
4 25
+150.0%
5+ 00
0.0%

Summary: The Worton 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 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Worton in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Worton, MD

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

Average Sale Time

Oct 2023Oct 2024CHANGE
112 Days125 Days+11.4%

Summary: Homes in Worton had an average of 125 days on market in Oct 2024, up by 11.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Worton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Worton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

Newest Listings in Worton, MD

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