Waldo Home Sales Report – Sept 2022

Interest rates are rising for homebuyers and home prices are still rising..at least in they are in Waldo! Demand continues to be high for this area, which I designate as Gregory to 85th St; State Line to Holmes. Let’s take a look at the numbers:

September 2022September 2021
Median list price:$289,000$225,000
Median sales price:$295,000$237,500
Days on market: 5 7
No. of homes sold: 29 32

Most buyers paid at or over the listed sales price by about 2%; prices were up 24% compared to September 2021. The lowest closed price was $133,000 and the highest was $417,000. Here are the year-to-date numbers:

Jan-Sept 2022Jan-Sept 2021
Median list price:$263,000$250,000
Median sales price:$278,000$263,500
Days on market: 3 2
No. of homes sold: 237 295

Although fewer homes have sold this year, by 19% so far, home values are up 5.5% and most buyers pay over asking price. Currently there are 18 single family homes listed in Waldo, with a median price of $275,000 and 18 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)