Good news for homebuyers..it looks like home prices are dipping down somewhat in Waldo compared to 2024. Still, this is the busy homebuying season and there is still quite a bit of demand. Let’s take a look at the numbers:
| february 2025 | february 2024 | |
|---|---|---|
| Median list price: | $284,000 | $275,000 |
| Median sales price: | $282,450 | $281,000 |
| Days on market: | 18 | 6 |
| No. of homes sold: | 12 | 19 |
Prices were slightly higher this year, by .5 percent–last month, homes sat on the marekt a bit longer before going under contract. The lowest closed price was $210K, the highest was $585,000. Below are the year-to-date numbers:
| jan-feb 2025 | jan-feb 2024 | |
|---|---|---|
| Median list price: | $283,000 | $280,000 |
| Median sales price: | $277,500 | $283,000 |
| Days on market: | 23 | 4 |
| No. of homes sold: | 33 | 30 |
So far this year, prices are running about 2% lower than 2024, a few more units have closed. And again, some homes linger on the market longer. There is a positive aspect to that: buyers can take a little more time to look around and decide if a house feels right to them, rather than having to immediately jump into a bidding war.
Currently there are 13 single family homes for sale in Waldo, with a price range of $160K on the low side to $515 tops. The median asking price is $275,000 and 60 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)