Is Woodland, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Woodland has remained a Seller's Market.

Key Takeaway

Woodland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Woodland, MI

How much do homes in Woodland, MI cost?

Median Sold Price

$229,900

$100/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$72,300(+45.9%)

Key Takeaway

Homes in Woodland have sold for 45.9% more than they did a month ago.

Summary: The median home sold price in Woodland was $229,900 in November 2024, up 45.9% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $157.6K-
N/A
5+ -$229.9K
N/A

Summary: Woodland 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Woodland
+45.9%
Woodland Township
-49.6%

Housing Supply in Woodland, MI

How many homes are available in Woodland, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The Woodland real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 33
0.0%
5+ 22
0.0%

Summary: The Woodland 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodland, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Woodland in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Woodland, MI

How long does it take to sell a home in Woodland, MI?

Average Sale Time

Oct 2024Nov 2024CHANGE
5 Days7 Days+40.0%

Summary: Homes in Woodland had an average of 7 days on market in Nov 2024, up by 40% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Woodland are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Woodland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Woodland, MI

Nearby Markets to Woodland, MI