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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodland is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Woodland 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 Woodland, WA

How much do homes in Woodland, WA cost?

Median Sold Price

$549,550

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,050(+4.8%)

Key Takeaway

Homes in Woodland have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Woodland was $549,550 in November 2024, up 4.8% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $114K$416.5K
+265.4%
2 $399.9K$443.5K
+10.9%
3 $460K$537.5K
+16.8%
4 $697.5K$596K
-14.6%
5+ $690K$594.9K
-13.8%

Summary: Woodland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 265.4%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 16.8%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 13.8%.

Housing Supply in Woodland, WA

How many homes are available in Woodland, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10794-12.1%

Summary: The Woodland real estate market had 94 homes for sale in November 2024, a 12.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 5645
-19.6%
4 3734
-8.1%
5+ 1212
0.0%

Summary: The Woodland 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 increased by 50%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2615-42.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodland, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Woodland in November 2024, down by 42.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.

Days on Market for Woodland, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
59 Days55 Days-8.0%

Summary: Homes in Woodland had an average of 55 days on market in Nov 2024, down by 8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Woodland; 67% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 27% 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 17 Days Ago

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