$6,531 Closing Credit*
$550,000
2,421 SqFt
4 Beds
•3 Full Baths
Carla H Viviano, Listing Office: Viviano Realty
Is Woodbine, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Woodbine was a Neutral Market.
Key Takeaway
Woodbine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodbine, MD
How much do homes in Woodbine, MD cost?
Median Sold Price
$955,000
$255/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$400,000(+72.1%)
Key Takeaway
Homes in Woodbine have sold for 72.1% more than they did a month ago.
Summary: The median home sold price in Woodbine was $955,000 in November 2024, up 72.1% from last month, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $407K | $505K | +24.1% |
| 4 Bedrooms | $555K | $1.1M | +107.2% |
| 5+ Bedrooms | $1.4M | $1.2M | -7.1% |
Summary: Woodbine housing prices by bedroom type for November 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 increased by 24.1%, 4 bedroom homes increased by 107.2%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Woodbine | $555K | $955K | +72.1% |
| Glenwood | $1.4M | $870K | -41.5% |
Housing Supply in Woodbine, MD
How many homes are available in Woodbine, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Woodbine real estate market had 25 homes for sale in November 2024, a 7.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Woodbine housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodbine, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Woodbine in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 38% were sold at asking, and 50% were sold over asking.
Days on Market for Woodbine, MD
How long does it take to sell a home in Woodbine, MD?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 21 Days | -11.4% |
Summary: Homes in Woodbine had an average of 21 days on market in Nov 2024, down by 11.4% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were 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 November 2024, 8 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.
