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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodrow is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Woodrow was a Buyer's Market.

Key Takeaway

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

Housing Prices in Woodrow, NY

How much do homes in Woodrow, NY cost?

Median Sold Price

$625,000

$446/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$80,000(+14.7%)

Key Takeaway

Homes in Woodrow have sold for 14.7% more than they did a month ago.

Summary: The median home sold price in Woodrow was $625,000 in September 2024, up 14.7% from last month, and the median price per square foot was $446.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $555K$541.7K
-2.4%
3 $535K$680K
+27.1%
4 -$800K
N/A
5+ --
N/A

Summary: Woodrow housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 27.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Woodrow, NY

How many homes are available in Woodrow, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2529+16.0%

Summary: The Woodrow real estate market had 29 homes for sale in September 2024, a 16.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 910
+11.1%
4 610
+66.7%
5+ 55
0.0%

Summary: The Woodrow 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 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodrow, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Woodrow in September 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Woodrow, NY

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

Average Sale Time

Aug 2024Sep 2024CHANGE
55 Days56 Days+1.5%

Summary: Homes in Woodrow had an average of 56 days on market in Sep 2024, up by 1.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 6 homes were sold in Woodrow; 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 22 Days Ago

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