Is Woodbury, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbury is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Woodbury was a Neutral Market.

Key Takeaway

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

Housing Prices in Woodbury, NY

How much do homes in Woodbury, NY cost?

Median Sold Price

$670,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$45,000(+7.2%)

Key Takeaway

Homes in Woodbury have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Woodbury was $670,000 in February 2024, up 7.2% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $586.7K$599K
+2.1%
2 $300K$420K
+40.0%
3 $425K$560.5K
+31.9%
4 $685K$687.5K
0.4%
5+ $1.3M$1.5M
+11.9%

Summary: Woodbury housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 31.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Cities

Harriman
+27.0%
Highland Mills
+11.1%
South Blooming Grove
+8.3%
Woodbury
+7.2%
Central Valley
+3.3%

Housing Supply in Woodbury, NY

How many homes are available in Woodbury, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7675-1.3%

Summary: The Woodbury real estate market had 75 homes for sale in February 2024, a 1.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 119
-18.2%
3 2725
-7.4%
4 1516
+6.7%
5+ 2325
+8.7%

Summary: The Woodbury housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
14140.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbury, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Woodbury in February 2024, the same as the previous month. Of the 14 sold homes, 71% were sold under asking, 7% were sold at asking, and 21% were sold over asking.

Days on Market for Woodbury, NY

How long does it take to sell a home in Woodbury, NY?

Average Sale Time

Feb 2023Feb 2024CHANGE
57 Days46 Days-18.2%

Summary: Homes in Woodbury had an average of 46 days on market in Feb 2024, down by 18.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Woodbury has remained consistent over time.

Summary: During February 2024, 14 homes were sold in Woodbury; 36% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 14% 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 27 Days Ago

Newest Listings in Woodbury, NY

Nearby Markets to Woodbury, NY

What housing markets are near Woodbury, NY?