$4,453 Closing Credit*
$375,000
1,807 SqFt
4 Beds
•1 Full Bath
Nerem, Nate, Listing Office: Nerem & Assoc.,
Is Woodward, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Woodward was a Seller's Market.
Key Takeaway
Woodward is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodward, IA
How much do homes in Woodward, IA cost?
Median Sold Price
$265,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$40,100(+17.8%)
Key Takeaway
Homes in Woodward have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Woodward was $265,000 in August 2024, up 17.8% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $98.9K | N/A |
| 2 Bedrooms | $301.5K | $162.5K | -46.1% |
| 3 Bedrooms | $227.5K | $309.2K | +35.9% |
| 4 Bedrooms | $224.9K | $289.9K | +28.9% |
| 5+ Bedrooms | $220K | $716K | +225.5% |
Summary: Woodward housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 46.1%, 3 bedroom homes increased by 35.9%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes increased by 225.5%.
Median Sold Price Compared To Nearby Cities
| Woodward | $224.9K | $266.9K | +18.7% |
| Woodward | $224.9K | $265K | +17.8% |
| Des Moines Township | $199.9K | $212.3K | +6.2% |
Housing Supply in Woodward, IA
How many homes are available in Woodward, IA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Summary: The Woodward real estate market had 9 homes for sale in August 2024, a 35.7% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Woodward housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodward, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Woodward in August 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Woodward, IA
How long does it take to sell a home in Woodward, IA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 25 Days | 3 Days | -88.3% |
Summary: Homes in Woodward had an average of 3 days on market in Aug 2024, down by 88.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodward are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 1 homes were sold in Woodward; 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.
