The Long & Foster Market Minute

FOCUS ON: WALKERSVILLE, THURMONT, AND EMMITSBURG HOUSING MARKET JULY 2025

Zip Code(s): 21793, 21788, 21727, 21757, 21798, 21780 and 21778
Units Sold
32
Active Inventory
60
Median Sale Price
$385,000
Days On Market
25
Down -20%
Vs. Year Ago
Up 22%
Vs. Year Ago
Down -12%
Vs. Year Ago
Up 4%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in July, with 32 sold this month in Walkersville, Thurmont, and Emmitsburg Real Estate versus 37 last month, a decrease of 14%. This month's total units sold was lower than at this time last year, a decrease of 20% versus July 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 11 units or 22%. The total number of active inventory this July was 60 compared to 49 in July 2024. This month's total of 60 is higher than the previous month's total supply of available inventory of 58, an increase of 3%.

Median Sale Price
Last July, the median sale price for Walkersville, Thurmont, and Emmitsburg Homes was $439,000. This July, the median sale price was $385,000, a decrease of 12% or $54,000 compared to last year. The current median sold price is 16% lower than in June.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
37
Current Contracts
29
Sold Vs. List Price
99.1%
Months of Supply
1.9
Up 32%
Vs. Year Ago
Up 7%
Vs. Year Ago
Down -1.1%
Vs. Year Ago
Up 53%
Vs. Year Ago

Months of Supply
In July, there was 1.9 months of supply available in Walkersville, Thurmont, and Emmitsburg, compared to 1.2 in July 2024. That is an increase of 53% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 37 homes newly listed for sale in Walkersville, Thurmont, and Emmitsburg compared to 28 in July 2024, an increase of 32%. There were 29 current contracts pending sale this July compared to 27 a year ago. The number of current contracts is 7% higher than last July.

Sale Price to List Price Ratio
In July, the average sale price in Walkersville, Thurmont, and Emmitsburg was 99.1% of the average list price, which is 1.1% lower than at this time last year.

Days on Market
This month, the average number of days on market was 25, higher than the average last year, which was 24, an increase of 4%.

The Long & Foster Market Minute Walkersville, Thurmont, and Emmitsburg are defined as properties listed in zip code/s 21793, 21788, 21727, 21757, 21798, 21780 and 21778.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.