Is Woodbine, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbine is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Woodbine was a Seller's Market.

Key Takeaway

Woodbine 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 Woodbine, GA

How much do homes in Woodbine, GA cost?

Median Sold Price

$288,000

$182/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$11,950(-4.0%)

Key Takeaway

Homes in Woodbine have sold for 4% less than they did a month ago.

Summary: The median home sold price in Woodbine was $288,000 in March 2024, down 4% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $142.5K-
N/A
3 $300K$273.9K
-8.7%
4 $294.9K$298.5K
+1.2%
5+ $550K-
N/A

Summary: Woodbine housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.

Housing Supply in Woodbine, GA

How many homes are available in Woodbine, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2019-5.0%

Summary: The Woodbine real estate market had 19 homes for sale in March 2024, a 5.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 913
+44.4%
4 66
0.0%
5+ 30
-100.0%

Summary: The Woodbine housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbine, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Woodbine in March 2024, down by 70.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Woodbine, GA

How long does it take to sell a home in Woodbine, GA?

Average Sale Time

Feb 2024Mar 2024CHANGE
36 Days16 Days-54.5%

Summary: Homes in Woodbine had an average of 16 days on market in Mar 2024, down by 54.5% compared to last month.

Breakdown of Home Sale Times

2 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 Woodbine are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Woodbine; 67% of homes were sold within 30 days, 33% 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 22 Days Ago

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