Is Woodlawn, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Woodlawn was a Buyer's Market.
Housing Prices in Woodlawn, NY
How much do homes in Woodlawn, NY cost?
Median Sold Price
$420,500
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodlawn was $420,500 in April 2024, down 30.5% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $151.5K | $164.5K | +8.6% |
2 Bedrooms | $225K | $217.5K | -3.3% |
3 Bedrooms | $581.5K | $665K | +14.4% |
4 Bedrooms | $670K | $775K | +15.7% |
5+ Bedrooms | $850K | $867K | +2.0% |
Summary: Woodlawn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 2%.
Housing Supply in Woodlawn, NY
How many homes are available in Woodlawn, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 28 | +12.0% |
Summary: The Woodlawn real estate market had 28 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 12 | +9.1% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Woodlawn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Woodlawn in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Woodlawn, NY
How long does it take to sell a home in Woodlawn, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
121 Days | 30 Days | -74.5% |
Summary: Homes in Woodlawn had an average of 30 days on market in Apr 2024, down by 74.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Woodlawn; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.