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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodrow is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Woodrow, NY

How much do homes in Woodrow, NY cost?

Median Sold Price

$733,990

$372/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$71,490(+10.8%)

Key Takeaway

Homes in Woodrow have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Woodrow was $733,990 in October 2024, up 10.8% from last year, and the median price per square foot was $372.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $457.5K$513.4K
+12.2%
3 $632.5K$708K
+11.9%
4 $863.7K$971.2K
+12.4%
5+ $925K$1.1M
+18.9%

Summary: Woodrow 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 increased by 12.2%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 18.9%.

Housing Supply in Woodrow, NY

How many homes are available in Woodrow, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2723-14.8%

Summary: The Woodrow real estate market had 23 homes for sale in October 2024, a 14.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 117
-36.4%
4 99
0.0%
5+ 35
+66.7%

Summary: The Woodrow 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 decreased by 50%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
73-57.1%

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 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 3 homes were sold or pending in Woodrow in October 2024, down by 57.1% 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 Woodrow, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
75 Days116 Days+55.1%

Summary: Homes in Woodrow had an average of 116 days on market in Oct 2024, up by 55.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Woodrow are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Woodrow; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 23 Days Ago

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