Waldo home values took a bit of a tumble last month but don’t panic! Overall for the year–prices remain steady. Let’s take a look at the numbers; the street boundaries I am using for these stats are single family homes from State Line to Holmes and Gregory to 85th St:
| november 2024 | november 2023 | |
|---|---|---|
| Median list price: | $285,000 | $325,000 |
| Median sales price: | $289,900 | $335,000 |
| Days on market: | 6 | 4 |
| No. of homes sold: | 23 | 27 |
Final sales prices dropped 13% compared to November 2023; yet you can see most buyers were paying a bit over the list price. The number of homes sold dropped slightly. The lowest closed price was $155,000 and the highest was $500,000. Here are the year-to-date numbers:
| Jan-nov 2024 | jan-nov 2024 | |
|---|---|---|
| Median list price: | $295,000 | $295,000 |
| Median sales price: | $300,000 | $300,000 |
| Days on market: | 4 | 3 |
| No. of homes sold: | 247 | 249 |
These YTD numbers show us that Waldo home prices remain steady–just about identical to this time last year! That’s good news: still a desirable location for homebuyers and prices haven’t jumped or dropped dramatically. Currently there are 26 active single family homes for sale in Waldo with a median list price of $262,500 and 59 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)