Is Woodhaven, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Woodhaven has remained a Buyer's Market.
Key Takeaway
Woodhaven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodhaven, NY
How much do homes in Woodhaven, NY cost?
Median Sold Price
$718,000
$424/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in Woodhaven has remained the same since last year.
Summary: The median home sold price in Woodhaven was $718,000 in March 2024, the same as last year, and the median price per square foot was $424.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $178.5K | $185K | +3.6% |
| 2 Bedrooms | $278.5K | $260K | -6.6% |
| 3 Bedrooms | $662.5K | $600K | -9.4% |
| 4 Bedrooms | $748K | $709K | -5.2% |
| 5+ Bedrooms | $946.2K | $900K | -4.9% |
Summary: Woodhaven housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 4.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Glendale | $837.5K | $840K | 0.3% |
| Woodhaven | $718K | $718K | 0.0% |
Housing Supply in Woodhaven, NY
How many homes are available in Woodhaven, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 106 | 108 | +1.9% |
Summary: The Woodhaven real estate market had 108 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 25 | 31 | +24.0% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 51 | 45 | -11.8% |
Summary: The Woodhaven housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodhaven, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Woodhaven in March 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Woodhaven, NY
How long does it take to sell a home in Woodhaven, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 134 Days | 59 Days | -55.7% |
Summary: Homes in Woodhaven had an average of 59 days on market in Mar 2024, down by 55.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Woodhaven has remained consistent over time.
Summary: During March 2024, 7 homes were sold in Woodhaven; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
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