$8,311 Closing Credit*
$699,900
1,595 SqFt
3 Beds
•3 Full Baths
John Peters, Listing Office: Compass
Is Woodridge, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Woodridge was a Seller's Market.
Key Takeaway
Woodridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodridge, DC
How much do homes in Woodridge, DC cost?
Median Sold Price
$660,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$30,000(-4.3%)
Key Takeaway
Homes in Woodridge have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Woodridge was $660,000 in October 2024, down 4.3% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | - | N/A |
| 2 Bedrooms | $684.5K | $392.5K | -42.7% |
| 3 Bedrooms | $650K | $525K | -19.2% |
| 4 Bedrooms | $732.5K | $737.5K | +0.7% |
| 5+ Bedrooms | $925K | $835K | -9.7% |
Summary: Woodridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.7%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 9.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Northeast | $614.9K | $605.3K | -1.6% |
| Woodridge | $690K | $660K | -4.3% |
| Woodridge / Fort Lincoln / Gateway | $672.5K | $550K | -18.2% |
Housing Supply in Woodridge, DC
How many homes are available in Woodridge, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 39 | +25.8% |
Summary: The Woodridge real estate market had 39 homes for sale in October 2024, a 25.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 12 | 17 | +41.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Woodridge housing inventory by bedroom type for October 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 20%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodridge, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Woodridge in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Woodridge, DC
How long does it take to sell a home in Woodridge, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 64 Days | +68.3% |
Summary: Homes in Woodridge had an average of 64 days on market in Oct 2024, up by 68.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Woodridge has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Woodridge; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
