Is Woodland, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Woodland has remained a Seller's Market.
Housing Prices in Woodland, WA
How much do homes in Woodland, WA cost?
Median Sold Price
$569,300
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Woodland was $569,300 in May 2024, up 23.8% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114K | $1.5M | +1215.8% |
2 Bedrooms | $380K | $424.9K | +11.8% |
3 Bedrooms | $430K | $575K | +33.7% |
4 Bedrooms | $535K | $685K | +28.0% |
5+ Bedrooms | $610K | $564.9K | -7.4% |
Summary: Woodland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1215.8%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 33.7%, 4 bedroom homes increased by 28%, and 5+ bedroom homes decreased by 7.4%.
Housing Supply in Woodland, WA
How many homes are available in Woodland, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
97 | 97 | 0.0% |
Summary: The Woodland real estate market had 97 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 45 | 48 | +6.7% |
4 Bedrooms | 34 | 32 | -5.9% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Woodland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 19 | -26.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Woodland in May 2024, down by 26.9% month-over-month. Of the 19 sold homes, 47% were sold under asking, 32% were sold at asking, and 21% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 63 Days | +25.0% |
Summary: Homes in Woodland had an average of 63 days on market in May 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Woodland; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.