Is Woodward, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodward is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Woodward has remained a Seller's Market.

Key Takeaway

Woodward is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Woodward, IA

How much do homes in Woodward, IA cost?

Median Sold Price

$334,900

$183/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$134,950(+67.5%)

Key Takeaway

Homes in Woodward have sold for 67.5% more than they did a month ago.

Summary: The median home sold price in Woodward was $334,900 in April 2024, up 67.5% from last month, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $155K$170K
+9.7%
3 $244.9K$334.9K
+36.7%
4 -$399.9K
N/A
5+ --
N/A

Summary: Woodward housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 36.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Woodward
+67.5%
Woodward
+67.5%

Housing Supply in Woodward, IA

How many homes are available in Woodward, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10100.0%

Summary: The Woodward real estate market had 10 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 55
0.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The Woodward housing inventory by bedroom type for April 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodward, 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 Woodward in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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

Mar 2024Apr 2024CHANGE
0 Days6 Days+1166.7%

Summary: Homes in Woodward had an average of 6 days on market in Apr 2024, up by 1166.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Woodward, IA

Nearby Markets to Woodward, IA