Is Woodstock, GA 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 August 2022

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

How much do homes in Woodstock, GA cost?

Median Sold Price

$430,216

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2022

+$23,816(+5.9%)

Key Takeaway

Homes in Woodstock have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Woodstock was $430,216 in August 2023, up 5.9% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $309K$320K
+3.6%
2 $340K$320K
-5.9%
3 $370K$400K
+8.1%
4 $458K$465.2K
+1.6%
5+ $554.1K$657.5K
+18.7%

Summary: Woodstock housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 18.7%.

Median Sold Price Compared To Nearby Cities

Woodstock
+5.9%
Holly Springs
+2.9%

Housing Supply

How many homes are available in Woodstock, GA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
521511-1.9%

Summary: The Woodstock real estate market had 511 homes for sale in August 2023, a 1.9% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 21
-50.0%
2 5159
+15.7%
3 204203
-0.5%
4 153155
+1.3%
5+ 11193
-16.2%

Summary: The Woodstock housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 15.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 16.2%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE
179153-14.5%

Asking Price vs. Sold Price

54 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

55 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodstock, you could pay more than the asking price. 36.4% of homes here sold above asking price last month.

Summary: A total of 153 homes were sold or pending in Woodstock in August 2023, down by 14.5% month-over-month. Of the 151 sold homes, 36% were sold under asking, 28% were sold at asking, and 36% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
13 Days18 Days+36.9%

Summary: Homes in Woodstock had an average of 18 days on market in Aug 2023, up by 36.9% compared to last year.

Breakdown of Home Sale Times

122 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

4 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 August 2023, 153 homes were sold in Woodstock; 80% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 3% 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 24 Days Ago

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Nearby Markets

What housing markets are near Woodstock, GA?