Is Woodbury, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Woodbury was a Neutral Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $586.7K | $599K | +2.1% |
2 Bedrooms | $300K | $420K | +40.0% |
3 Bedrooms | $425K | $560.5K | +31.9% |
4 Bedrooms | $685K | $687.5K | 0.4% |
5+ Bedrooms | $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 | $216.5K | $275K | +27.0% |
Highland Mills | $450K | $500K | +11.1% |
South Blooming Grove | $605K | $655K | +8.3% |
Woodbury | $625K | $670K | +7.2% |
Central Valley | $507.5K | $524K | +3.3% |
Housing Supply in Woodbury, NY
How many homes are available in Woodbury, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
76 | 75 | -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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 27 | 25 | -7.4% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 23 | 25 | +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 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
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 2023 | Feb 2024 | CHANGE |
---|---|---|
57 Days | 46 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
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.