There are some interesting home sales stats to start off the new year in Waldo: more homes sold, yet average price is down. Hopefully the market is becoming a bit more normal and balanced. Let’s take a look at the details; I am citing single family home sales from State Line to Holmes and Gregory south to 85th St:
| january 2025 | january 2024 | |
|---|---|---|
| Median list price: | $274,950 | $272,500 |
| Median sales price: | $270,000 | $283,500 |
| Days on market: | 23 | 5 |
| No. of homes sold: | 21 | 12 |
Compared to a year ago, home prices are down 4.7%, yet 42% more properties changed owners. For those who can buy, they have accepted the higher interest rates. The lowest closed price last month was $118,000 and the highest was $643,000. Currently there are 16 active single family listings in Waldo, with a median price of $272,500 and 44 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
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Inside Brookside (And Waldo) 