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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbury is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Woodbury was a Seller's Market.

Key Takeaway

Woodbury is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Woodbury, NY

How much do homes in Woodbury, NY cost?

Median Sold Price

$650,000

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$10,500(+1.6%)

Key Takeaway

Homes in Woodbury have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Woodbury was $650,000 in September 2024, up 1.6% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $592.8K-
N/A
2 $332.5K$389K
+17.0%
3 $477.1K$540K
+13.2%
4 $680K$614.2K
-9.7%
5+ $1.2M$1.6M
+25.2%

Summary: Woodbury housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 25.2%.

Median Sold Price Compared To Nearby Cities

Highland Mills
+11.6%
South Blooming Grove
+7.3%
Woodbury
+1.6%
Harriman
-0.5%

Housing Supply in Woodbury, NY

How many homes are available in Woodbury, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
134128-4.5%

Summary: The Woodbury real estate market had 128 homes for sale in September 2024, a 4.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 4139
-4.9%
4 4747
0.0%
5+ 3836
-5.3%

Summary: The Woodbury housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2720-25.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbury, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Woodbury in September 2024, down by 25.9% month-over-month. Of the 20 sold homes, 65% were sold under asking, 5% were sold at asking, and 30% were sold over asking.

Days on Market for Woodbury, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
72 Days52 Days-28.1%

Summary: Homes in Woodbury had an average of 52 days on market in Sep 2024, down by 28.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 20 homes were sold in Woodbury; 45% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 15% 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 29 Days Ago

Newest Listings in Woodbury, NY

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