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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbury is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Woodbury, NY

How much do homes in Woodbury, NY cost?

Median Sold Price

$1,299,000

$446/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$239,000(+22.5%)

Key Takeaway

Homes in Woodbury have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in Woodbury was $1,299,000 in November 2024, up 22.5% from last year, and the median price per square foot was $446.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $700K$680K
-2.9%
3 $790K$908K
+14.9%
4 $1.0M$1.1M
+4.1%
5+ $1.7M$2.1M
+24.1%

Summary: Woodbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 24.1%.

Median Sold Price Compared To Nearby Neighborhoods

West Hills
+29.0%
Woodbury
+22.5%
Syosset
+17.0%
Plainview
+10.6%
Cold Spring Harbor
+7.7%

Housing Supply in Woodbury, NY

How many homes are available in Woodbury, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3329-12.1%

Summary: The Woodbury real estate market had 29 homes for sale in November 2024, a 12.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 95
-44.4%
5+ 1818
0.0%

Summary: The Woodbury 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 decreased by 44.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 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 Woodbury, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Woodbury in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
50 Days62 Days+23.7%

Summary: Homes in Woodbury had an average of 62 days on market in Nov 2024, up by 23.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 3 homes were sold in Woodbury; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in Woodbury, NY

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