Is Woodstock, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodstock is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Woodstock has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Woodstock, VA

How much do homes in Woodstock, VA cost?

Median Sold Price

$339,900

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,900(+9.6%)

Key Takeaway

Homes in Woodstock have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Woodstock was $339,900 in November 2024, up 9.6% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$385K
N/A
2 $197.5K$217.7K
+10.3%
3 $330K$340K
+3.0%
4 $365K$340K
-6.8%
5+ $525K$525K
0.0%

Summary: Woodstock housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes did not change.

Housing Supply in Woodstock, VA

How many homes are available in Woodstock, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4539-13.3%

Summary: The Woodstock real estate market had 39 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2825
-10.7%
4 64
-33.3%
5+ 54
-20.0%

Summary: The Woodstock housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodstock, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Woodstock in November 2024, down by 35.7% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Woodstock, VA

How long does it take to sell a home in Woodstock, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days18 Days-56.5%

Summary: Homes in Woodstock had an average of 18 days on market in Nov 2024, down by 56.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Woodstock; 89% of homes were sold within 30 days, 11% 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 2 Days Ago

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