Residential · neighborhood

Westminster market report

Neighborhood series. Most months are too thin for a median. 25 closings in the last 12 months. Use Covington as the pricing context.

Closed sales through 2026-08. Live inventory is a current snapshot, not the closed month.

Data confidence: Low. 25 closings in the last 12 months. Too thin for a monthly read. Use live inventory and the surrounding market.

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12-month closings25Enough to sketch a range
12-month median$373,204Volume-weighted, not one month
12-month $/SF$147Better than the median here
Live activen/aWhat is for sale now
12-month DOM4560.0% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 25 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Covington, then adjust for this subdivision’s size, age, and condition.
  • Check live inventory before you price or offer. Homes for sale in Westminster, Covington →

Versus the broader market

Latest closed month only, not the 12-month figure above. The Georgia footprint is the macro context.

Median price-6.3%$370,000 vs $395,000 market-wide
$/SF-17.5%$153 vs $186 market-wide
DOM+38%47 days vs 34 market-wide
Sale/list+0.0 pts98.7% vs 98.7%

How homes actually closed

Based on 3 closings. One sale moves these percentages by 33 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list33.3%Within 1% of list
Below list66.7%More than 1% under list
Price reduced66.7%Original list higher than final

If you own in Westminster

Low confidence. 25 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $373,204.
  • Start with Covington, then adjust for lot, size, age, and condition.
  • Check what is listed before you decide to sell. That live list matters more than last month’s median. Homes for sale in Westminster, Covington →
  • Homes that sold in the last year took about 45 days. If you list, price to the 12-month $/SF ($147), not a single recent sale.

What this means if you are listing in Westminster

  • Price to the 12-month median and $/SF ($373,204, $147), not last month and not the market-wide number. Then check it against Covington.
  • Homes that sold in the last year took about 45 days. Longer than the 12-month DOM usually means the price is high.
  • 60.0% of the last 12 months’ closings were below list. 68.0% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Westminster, Covington →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 68.0% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the market-wide median. Start with Covington, then this subdivision’s 12-month $/SF.
  • Last month had 3 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Westminster, Covington →

Median close price

Median close price · 2021-12 – 2026-08
2021-122026-08

Monthly series

Most recent months first. Neighborhood medians show with 1+ closings. One sale moves the number; use the 12-month figure for context.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Aug 20263$370,000$1534798.7%66.7%66.7%
Jul 20262$375,061$15468100.0%0.0%100.0%
May 20262$366,500$1451894.8%100.0%50.0%
Apr 20261$378,000$1197592.2%100.0%100.0%
Mar 20262$367,497$1545897.4%50.0%100.0%
Feb 20261$380,000$1527895.0%100.0%100.0%
Dec 20255$375,000$1503397.2%60.0%60.0%
Nov 20251$379,493$1375699.9%0.0%100.0%
Oct 20252$356,247n/a2695.6%50.0%50.0%
Aug 20254$377,000$1496097.3%75.0%50.0%
Jul 20251$359,000$1493795.7%100.0%0.0%
Jun 20251$409,999$1236100.0%0.0%100.0%
Apr 20253$371,993$14133100.0%33.3%0.0%
Feb 20253$405,000$14249100.5%33.3%33.3%
Dec 20243$395,989$16625100.0%0.0%0.0%
Nov 20242$416,510$1529299.9%0.0%0.0%
Oct 20241$390,999$15711194.6%100.0%0.0%
Aug 20243$419,993$15495100.0%0.0%33.3%
Jul 20243$399,993$147119100.0%33.3%66.7%
Jun 20243$386,929$15694100.0%0.0%33.3%
May 20243$387,993$1421095.4%66.7%0.0%
Apr 20242$399,049$16799100.4%0.0%0.0%
Mar 20246$396,275$15377100.0%0.0%33.3%
Feb 20242$398,934$15734100.0%0.0%0.0%

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

Covington city trends →