Is Woodburn, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodburn is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Woodburn was a Seller's Market.

Key Takeaway

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

Housing Prices in Woodburn, IN

How much do homes in Woodburn, IN cost?

Median Sold Price

$222,500

$128/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$137,500(-38.2%)

Key Takeaway

Homes in Woodburn have sold for 38.2% less than they did a month ago.

Summary: The median home sold price in Woodburn was $222,500 in October 2024, down 38.2% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $179.9K-
N/A
3 -$180K
N/A
4 $412.7K$265K
-35.8%
5+ --
N/A

Summary: Woodburn housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 35.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Maumee Township
-35.7%
Woodburn
-38.2%

Housing Supply in Woodburn, IN

How many homes are available in Woodburn, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The Woodburn real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 89
+12.5%
4 1210
-16.7%
5+ 12
+100.0%

Summary: The Woodburn 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 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodburn, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Woodburn in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Woodburn, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 2 Days Ago

Newest Listings in Woodburn, IN

Nearby Markets to Woodburn, IN