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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbury is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Woodbury has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Woodbury, NY

How much do homes in Woodbury, NY cost?

Median Sold Price

$614,250

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$55,750(-8.3%)

Key Takeaway

Homes in Woodbury have sold for 8.3% less than they did a year ago.

Summary: The median home sold price in Woodbury was $614,250 in October 2024, down 8.3% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $592.8K-
N/A
2 $397.5K$336K
-15.5%
3 $544.2K$527.5K
-3.1%
4 $682.5K$615K
-9.9%
5+ $1.2M$1.6M
+28.8%

Summary: Woodbury 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 15.5%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 28.8%.

Median Sold Price Compared To Nearby Cities

South Blooming Grove
+8.3%
Highland Mills
+3.7%
Harriman
-1.3%
Woodbury
-8.3%

Housing Supply in Woodbury, NY

How many homes are available in Woodbury, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
125116-7.2%

Summary: The Woodbury real estate market had 116 homes for sale in October 2024, a 7.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 58
+60.0%
3 3930
-23.1%
4 4645
-2.2%
5+ 3532
-8.6%

Summary: The Woodbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 8.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2122+4.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbury, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Woodbury in October 2024, up by 4.8% month-over-month. Of the 22 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% 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

Oct 2023Oct 2024CHANGE
33 Days38 Days+12.2%

Summary: Homes in Woodbury had an average of 38 days on market in Oct 2024, up by 12.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Woodbury has remained consistent over time.

Summary: During October 2024, 22 homes were sold in Woodbury; 32% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 5% 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 20 Days Ago

Newest Listings in Woodbury, NY

Nearby Markets to Woodbury, NY

What housing markets are near Woodbury, NY?