Welcome, MD Home Values & Market Trends

Real estate market trends reflect that there have been 12 transactions over the past year in Welcome. The median value for residential home transactions that occurred over the previous year is $397,179. The number of current listings in Welcome is 3, and the percentage of properties for sale in the city is 3.00%. Welcome, MD currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 3 properties for sale.

Welcome, MD Real Estate Market Overview

ZipMedian Est. Value
20693

$ 493,641

$ 211/sqft

Housing Market Summary for Welcome, MD

Apr 2023March 2024Change
Median Listing Price$267.9K$365.2K36.30%
Median Sold Price$400K$365.2K-8.69%
Homes For Sale2350.00%
Homes Sold96-33.33%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Welcome, MD

Welcome home values range from $96,828 to $1,353,555. The median estimated value of a home in Welcome is $397,179. The median list price of a home is 350,000, and the total count of properties in the city is 358.

Foreclosure
There is 1 zips within Welcome, MD; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Welcome, MD with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Welcome, MD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Welcome, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Welcome, MD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Welcome, MD. There is 1 zips within Welcome, MD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Welcome, MD. Auction homes and other auction properties account for 0% of all properties in Welcome, MD. There is 1 zips within Welcome, MD; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.84% of residential properties in Welcome, MD with 20693 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Welcome, MD; homes for sale in that zips, have a range of median values from $679,900 in 20693 to the lowest value of $282,834 in 20693.
    Sold Homes
    The median value for recently sold homes ranges from $609,065 in 20693 to the lowest price of $302,027 in 20693. There is 1 zips within Welcome, MD. 20693 has 5 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.40% of properties in Welcome, MD.

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      Guide for Welcome, MD

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      See More Articles
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Recently Listed Homes Welcome, MD

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