Westphalia, MD Housing Market & Real Estate

Seller's market+7.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Westphalia, MD is $519,341, up 7.3% year-over-year. Homes sell in an average of 49 days with 68 active listings. The market is currently a seller's market.

$519,341median sale price

Is Westphalia a buyer's or seller's market?

Seller's market2.3 months of supply49 avg. days on market

Westphalia, MD is currently a seller's market, based on 2.3 months of supply and homes selling in about 49 days. How we determine this →

Homes sold

30

Last 12 weeks

Days on market

49

Average pace

Active listings

68

2.3 months supply

Sale-to-list

101.3%

Above asking

Westphalia, MD market data

Current housing market statistics for Westphalia, MD
MetricValue
Median sale price$519,341
Median list price$519,945
Year-over-year price change+7.3%
Average days on market49 days
Active inventory68 listings
Months of supply2.3 months
Sale-to-list price ratio101.3%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Westphalia housing market is currently classified as a seller's market with a median sale price of $519,341. Prices have risen 7.3% compared to last year, with homes spending an average of 49 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Westphalia

There are currently 68 homes listed for sale in Westphalia, Maryland. The median listing price is $520K.

Active listings

68

Homes on market

Median list price

$520K

Avg. days on market

49

Days until sale

New this week

30

Newly listed

Price drops:19.1%of listings
Sale-to-list:101.3%

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Frequently asked questions

What is the average home price in Westphalia?

The median home sale price in Westphalia is $519,341, up 7.3% from last year.

How long do homes stay on market in Westphalia?

Homes typically spend 49 days on market before going under contract.

Is Westphalia a buyer's or seller's market?

With 2.3 months of supply, Westphalia is currently a seller's market.

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