Is Woodbourne, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbourne is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Woodbourne was a Neutral Market.

Key Takeaway

Woodbourne is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Woodbourne, NY

How much do homes in Woodbourne, NY cost?

Median Sold Price

$316,500

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$24,500(+8.4%)

Key Takeaway

Homes in Woodbourne have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Woodbourne was $316,500 in August 2024, up 8.4% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $135K$225K
+66.7%
3 $260K$334.5K
+28.7%
4 $492.5K$450K
-8.6%
5+ $347.5K$445K
+28.1%

Summary: Woodbourne housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 28.7%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 28.1%.

Median Sold Price Compared To Nearby Cities

Neversink
+17.5%
Fallsburg
+9.6%
Woodbourne
+8.4%

Housing Supply in Woodbourne, NY

How many homes are available in Woodbourne, NY?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1925+31.6%

Summary: The Woodbourne real estate market had 25 homes for sale in August 2024, a 31.6% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 44
0.0%
3 710
+42.9%
4 68
+33.3%
5+ 12
+100.0%

Summary: The Woodbourne housing inventory by bedroom type for August 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 42.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbourne, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Woodbourne in August 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Woodbourne, NY

How long does it take to sell a home in Woodbourne, NY?

Average Sale Time

Aug 2023Aug 2024CHANGE
109 Days130 Days+19.6%

Summary: Homes in Woodbourne had an average of 130 days on market in Aug 2024, up by 19.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Woodbourne has remained consistent over time.

Summary: During August 2024, 3 homes were sold in Woodbourne; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Woodbourne, NY

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