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 October 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

$1,265,000

$446/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$185,000(+17.1%)

Key Takeaway

Homes in Woodbury have sold for 17.1% more than they did a year ago.

Summary: The median home sold price in Woodbury was $1,265,000 in October 2024, up 17.1% from last year, and the median price per square foot was $446.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $705K$680K
-3.5%
3 $780K$916.5K
+17.5%
4 $1.2M$1.1M
-8.1%
5+ $1.7M$2.1M
+26.8%

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 3.5%, 3 bedroom homes increased by 17.5%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 26.8%.

Median Sold Price Compared To Nearby Neighborhoods

West Hills
+23.8%
Cold Spring Harbor
+23.8%
Woodbury
+17.1%
Syosset
+9.9%
Plainview
+8.9%

Housing Supply in Woodbury, NY

How many homes are available in Woodbury, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4439-11.4%

Summary: The Woodbury real estate market had 39 homes for sale in October 2024, a 11.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 117
-36.4%
4 910
+11.1%
5+ 2422
-8.3%

Summary: The Woodbury housing inventory by bedroom type for October 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 36.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Woodbury in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
28 Days46 Days+65.0%

Summary: Homes in Woodbury had an average of 46 days on market in Oct 2024, up by 65% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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, 6 homes were sold in Woodbury; 17% of homes were sold within 30 days, 83% 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 21 Days Ago

Newest Listings in Woodbury, NY

Nearby Markets to Woodbury, NY