Is Woodstock, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Woodstock was a Seller's Market.
Key Takeaway
Woodstock is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Woodstock, MD
How much do homes in Woodstock, MD cost?
Median Sold Price
$633,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Woodstock has remained the same since last year.
Summary: The median home sold price in Woodstock was $633,000 in May 2024, up 0.5% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $372.5K | $375K | +0.7% |
| 3 Bedrooms | $580K | $610K | +5.2% |
| 4 Bedrooms | $651.5K | $712.5K | +9.4% |
| 5+ Bedrooms | $1.1M | $1.1M | 0.0% |
Summary: Woodstock housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Windsor Mill | $284K | $319K | +12.3% |
| Randallstown | $345K | $352.5K | +2.2% |
| Woodstock | $630K | $633K | 0.5% |
Housing Supply in Woodstock, MD
How many homes are available in Woodstock, MD?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Woodstock real estate market had 12 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 4 | +300.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Woodstock housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 300%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodstock, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Woodstock in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Woodstock, MD
How long does it take to sell a home in Woodstock, MD?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 4 Days | 5 Days | +15.4% |
Summary: Homes in Woodstock had an average of 5 days on market in May 2024, up by 15.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodstock are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Woodstock; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
