Rising Home Values
Home values in Walkersville have continued their upward climb. The average home value is now around $466,665, which is up about 3.1% over the past year. Zillow Meanwhile, last month’s median sale price was approximately $588,000, showing a substantial year-over-year increase of roughly 23.3%. Redfin Buyers and sellers alike are taking notice of this strong appreciation.
Market Activity & Speed
The pace of sales has picked up. Homes in Walkersville typically spend about 20-24 days on the market, depending on the data source. Redfin+1 This is faster than seen in past years. Inventory is moderate: around 30-35 active listings, with a handful of new listings each week. Movoto Real Estate+1
Inventory & Competition
Competition among buyers is heating up, especially in the most desirable single‐family homes. In zip code 21793, for example, home prices are up around 14.8% YoY and properties often receive multiple offers. Redfin Sellers are in a strong position in many cases, though homes in less sought-after conditions or locations may lag.
What to Watch
-
Price per square foot has seen modest fluctuations; in some recent data, it’s slightly down or flat in year-over-year comparisons. Redfin+1
-
New listings are coming in, but not fast enough for all buyer demand. Movoto Real Estate+1
-
Affordability remains a concern, especially as buyers compete in a market with rising prices and moderate inventory.