Waldo continues to be one of the most desirable locations for homebuyers this year–like everywhere else, prices are going way up. Halfway through the year, let’s take a look at what’s been happening in Waldo. I’m tracking single family home sales, in the area bordered by Gregory, 85th and State Line to Holmes.
June 2021 June 2020
Median list price: $255,000 $229,900
Median sales price: $270,000 $237,000
No. of homes sold: 49 45
Days on market: 2 2
Buyers are paying about 5% over list price, and values are up 14% since last June. Most houses go under contract within 48 hours of listing. Here are the year-to-date stats:
Jan-June 2021 Jan-June 2020
Median list price: $250,000 $219,950
Median sales price: $265,000 $226,000
No. of homes sold: 200 169
Days on market: 2 5
More homes closed at this halfway point than last year; prices up 14% YTD compared to last year. The lowest sold price this year so far is $65,000 and the highest is $605,000. Currently there are 18 active Waldo listings, with a median list price of $272,500 and eight days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)