Is Woodward, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
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
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $170K | +9.7% |
| 3 Bedrooms | $244.9K | $334.9K | +36.7% |
| 4 Bedrooms | - | $399.9K | N/A |
| 5+ Bedrooms | - | - | 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 | $199.9K | $334.9K | +67.5% |
| Woodward | $199.9K | $334.9K | +67.5% |
| Douglas Township | $245K | $235K | -4.1% |
Housing Supply in Woodward, IA
How many homes are available in Woodward, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
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
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +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 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +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
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 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 Days | 6 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
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.
