The housing values in Waldo are up and down in this report; overall, though, prices remain fairly steady. These stats are taken from single family home sales in Waldo from State Line to Holmes and Gregory to 85th St:
| october 2024 | october 2023 | |
|---|---|---|
| Median list price: | $279,250 | $280,000 |
| Median sales price: | $272,500 | $305,000 |
| No. of homes sold: | 26 | 3 |
| Days on market: | 20 | 19 |
Home values are down just about 12% compared to October 2023; and many buyers paid less than the asking price; that’s unusual. It could be that sellers overpriced their properties as you can see many homes sat on the market longer–almost a month. Yet I think the YTD numbers show the trends better:
| jan-oct 2024 | jan-oct 2023 | |
|---|---|---|
| Median list price: | $299,000 | $285,000 |
| Median sales price: | $305,300 | $290,000 |
| No. of homes sold: | 222 | 219 |
| Days on market: | 3 | 3 |
Overall, prices are up just over 5% for the year, and about the same number of homes have changed ownership. Waldo seems to be a very stable market, with homes gaining in value. Many buyers are paying asking price or just over. This shows that Waldo remains a hot place for homebuyers! Currently there are 36 single family homes in Waldo for sale, with a median list price of $274,975 and 53 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)