Is West Woodland, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Woodland is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in West Woodland, WA

How much do homes in West Woodland, WA cost?

Median Sold Price

$850,000

$600/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,050(+6.3%)

Key Takeaway

Homes in West Woodland have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in West Woodland was $850,000 in October 2024, up 6.3% from last year, and the median price per square foot was $600.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $491.4K$519K
+5.6%
2 $729.9K$760K
+4.1%
3 $895K$877.4K
-2.0%
4 $1.1M$1.3M
+15.3%
5+ $1.4M$1.4M
+4.5%

Summary: West Woodland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 4.1%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Neighborhoods

Fremont
+7.3%
West Woodland
+6.3%
Gilman Park
0.0%

Housing Supply in West Woodland, WA

How many homes are available in West Woodland, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3442+23.5%

Summary: The West Woodland real estate market had 42 homes for sale in October 2024, a 23.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1014
+40.0%
3 1623
+43.8%
4 75
-28.6%
5+ 00
0.0%

Summary: The West Woodland housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 43.8%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Woodland, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in West Woodland in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.

Days on Market for West Woodland, WA

How long does it take to sell a home in West Woodland, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days5 Days-82.1%

Summary: Homes in West Woodland had an average of 5 days on market in Oct 2024, down by 82.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in West Woodland; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in West Woodland, WA

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