Is Woodbine, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Woodbine has remained a Seller's Market.
Key Takeaway
Woodbine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodbine, GA
How much do homes in Woodbine, GA cost?
Median Sold Price
$295,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Woodbine have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Woodbine was $295,500 in May 2024, down 0.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | - | N/A |
| 2 Bedrooms | $115K | $165K | +43.5% |
| 3 Bedrooms | $267K | $282.5K | +5.8% |
| 4 Bedrooms | $350K | $325K | -7.1% |
| 5+ Bedrooms | $299.9K | $437.4K | +45.9% |
Summary: Woodbine 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 43.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 45.9%.
Housing Supply in Woodbine, GA
How many homes are available in Woodbine, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The Woodbine real estate market had 18 homes for sale in May 2024, a 5.9% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Woodbine 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 remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodbine, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Woodbine in May 2024, up by 33.3% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Woodbine, GA
How long does it take to sell a home in Woodbine, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 74 Days | 17 Days | -76.8% |
Summary: Homes in Woodbine had an average of 17 days on market in May 2024, down by 76.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodbine are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Woodbine; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
