Is Woodsboro, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodsboro is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Woodsboro was a Neutral Market.

Key Takeaway

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

Housing Prices in Woodsboro, MD

How much do homes in Woodsboro, MD cost?

Median Sold Price

$631,000

$249/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$301,100(+91.3%)

Key Takeaway

Homes in Woodsboro have sold for 91.3% more than they did a month ago.

Summary: The median home sold price in Woodsboro was $631,000 in March 2024, up 91.3% from last month, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $329.9K-
N/A
4 -$631K
N/A
5+ --
N/A

Summary: Woodsboro 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Woodsboro
+91.3%
Keymar
-81.3%

Housing Supply in Woodsboro, MD

How many homes are available in Woodsboro, MD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
75-28.6%

Summary: The Woodsboro real estate market had 5 homes for sale in March 2024, a 28.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 32
-33.3%
5+ 11
0.0%

Summary: The Woodsboro 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodsboro, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Woodsboro in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Woodsboro, MD

How long does it take to sell a home in Woodsboro, MD?

Average Sale Time

Feb 2024Mar 2024CHANGE
53 Days8 Days-84.9%

Summary: Homes in Woodsboro had an average of 8 days on market in Mar 2024, down by 84.9% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Woodsboro; 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 24 Days Ago

Newest Listings in Woodsboro, MD

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