Is Walworth, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walworth is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Walworth has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Walworth, NY

How much do homes in Walworth, NY cost?

Median Sold Price

$300,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,750(+11.0%)

Key Takeaway

Homes in Walworth have sold for 11% more than they did a year ago.

Summary: The median home sold price in Walworth was $300,000 in November 2024, up 11% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $175K$153.7K
-12.1%
3 $255K$281.7K
+10.5%
4 $326K$330K
+1.2%
5+ $379.5K$285K
-24.9%

Summary: Walworth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 24.9%.

Median Sold Price Compared To Nearby Cities

Walworth
+11.0%
Ontario
+10.6%
Williamson
0.0%

Housing Supply in Walworth, NY

How many homes are available in Walworth, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3118-41.9%

Summary: The Walworth real estate market had 18 homes for sale in November 2024, a 41.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 137
-46.2%
4 159
-40.0%
5+ 21
-50.0%

Summary: The Walworth 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 46.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walworth, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Walworth in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Walworth, NY

How long does it take to sell a home in Walworth, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days5 Days-58.9%

Summary: Homes in Walworth had an average of 5 days on market in Nov 2024, down by 58.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Walworth; 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.

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

Report Updated 20 Days Ago

Newest Listings in Walworth, NY

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