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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodlawn is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Woodlawn, NY

How much do homes in Woodlawn, NY cost?

Median Sold Price

$492,500

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$72,000(-12.8%)

Key Takeaway

Homes in Woodlawn have sold for 12.8% less than they did a year ago.

Summary: The median home sold price in Woodlawn was $492,500 in October 2024, down 12.8% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $162K$169K
+4.3%
2 $209.9K$245K
+16.7%
3 $660K$690K
+4.5%
4 $670K$650K
-3.0%
5+ $829.5K$885K
+6.7%

Summary: Woodlawn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Neighborhoods

Northwest Bronx
-0.2%
Woodlawn
-12.8%

Housing Supply in Woodlawn, NY

How many homes are available in Woodlawn, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
31310.0%

Summary: The Woodlawn real estate market had 31 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1312
-7.7%
2 98
-11.1%
3 13
+200.0%
4 56
+20.0%
5+ 32
-33.3%

Summary: The Woodlawn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodlawn, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Woodlawn in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Woodlawn, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days20 Days-2.4%

Summary: Homes in Woodlawn had an average of 20 days on market in Oct 2024, down by 2.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Woodlawn are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Woodlawn; 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 15 Days Ago

Newest Listings in Woodlawn, NY

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