$4,749 Closing Credit*
$399,900
1,418 SqFt
2 Beds
•2 Full Baths, 1 Partial
David Maxwell, Listing Office: Benchmark Realty, LLC
Is Woodbine, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Woodbine was a Seller's Market.
Key Takeaway
Woodbine 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 Woodbine, TN
How much do homes in Woodbine, TN cost?
Median Sold Price
$415,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.5%)
Key Takeaway
Homes in Woodbine have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Woodbine was $415,000 in October 2024, up 2.5% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | - | N/A |
| 2 Bedrooms | $378.7K | $389K | +2.7% |
| 3 Bedrooms | $425K | $437.7K | +3.0% |
| 4 Bedrooms | $459.5K | $595K | +29.5% |
| 5+ Bedrooms | $645K | $737.5K | +14.3% |
Summary: Woodbine 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 2.7%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Woodbine | $405K | $415K | +2.5% |
| South Nashville | $425K | $432.5K | +1.8% |
Housing Supply in Woodbine, TN
How many homes are available in Woodbine, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The Woodbine real estate market had 28 homes for sale in October 2024, a 3.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Woodbine housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodbine, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Woodbine in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Woodbine, TN
How long does it take to sell a home in Woodbine, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 11 Days | -67.8% |
Summary: Homes in Woodbine had an average of 11 days on market in Oct 2024, down by 67.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodbine are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Woodbine; 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.