$399,000
23.70 Acres
Land
David M. Simpson, Listing Office: D.M. Simpson Realtors & Auctioneers
Is Woodbury, 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, Woodbury was a Seller's Market.
Key Takeaway
Woodbury is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodbury, TN
How much do homes in Woodbury, TN cost?
Median Sold Price
$298,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,000(-3.9%)
Key Takeaway
Homes in Woodbury have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in Woodbury was $298,000 in October 2024, down 3.9% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $324.9K | +132.1% |
| 2 Bedrooms | $193K | $255K | +32.1% |
| 3 Bedrooms | $320K | $299.9K | -6.3% |
| 4 Bedrooms | $406K | $310.5K | -23.5% |
| 5+ Bedrooms | $545K | $412.4K | -24.3% |
Summary: Woodbury housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 132.1%, 2 bedroom homes increased by 32.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes decreased by 24.3%.
Housing Supply in Woodbury, TN
How many homes are available in Woodbury, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 62 | +24.0% |
Summary: The Woodbury real estate market had 62 homes for sale in October 2024, a 24.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 33 | 40 | +21.2% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Woodbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodbury, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Woodbury in October 2024, up by 14.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Woodbury, TN
How long does it take to sell a home in Woodbury, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 24 Days | -34.6% |
Summary: Homes in Woodbury had an average of 24 days on market in Oct 2024, down by 34.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodbury are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Woodbury; 75% of homes were sold within 30 days, 25% 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.