Is Waldorf, MD 20602 a buyer’s or seller’s market?
Waldorf is a seller’s market. With about 3.5 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 69% of U.S. ZIP codes, and #122 of 241 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Waldorf housing market right now
In the three months ending August 31, 2026, 45% of homes in Waldorf, MD 20602 sold above their list price, the typical home went under contract in 49 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 75 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 31%, homes sold about as fast and the median sale price fell 6% to $374,838. Overall, Waldorf is more competitive than a year ago, so tougher for buyers.
Within Charles County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell more often over asking than in 79%. On our competition score, Waldorf ranks #122 of 241 MD ZIP codes with enough sales (score 66 out of 100).
Nearby, buyers who want less competition could look at Pomfret 20675 (0% sold over asking) or Cobb Island 20625 (0% sold over asking), while Benedict 20612 (100% sold over asking) and Welcome 20693 (100% sold over asking) are even more competitive.
Run the numbers for 20602
Nearby markets
Bel Alton 20611Seller’s market $186 /sq ftBenedict 20612Buyer’s market $286 /sq ftBryans Road 20616Seller’s market $200 /sq ftBryantown 20617Seller’s market $210 /sq ft Browse all markets →Towns like Waldorf nearby
Find towns like Waldorf in other states →Where Waldorf is
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Questions about Waldorf real estate
Is Waldorf a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Waldorf, MD 20602 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Waldorf?
The typical home went under contract in 49 days in the latest three months.
Do homes in Waldorf sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What are property taxes in Waldorf?
About 1.01% of a home’s value a year in Charles County, or roughly $4,040 on a $400,000 home.
What is the median home price in Waldorf?
The median sale price was $374,838 in the three months ending August 31, 2026, about $218 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology