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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodside is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Woodside has remained a Buyer's Market.

Key Takeaway

Woodside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Woodside, NY

How much do homes in Woodside, NY cost?

Median Sold Price

$445,000

$539/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,895(+3.5%)

Key Takeaway

Homes in Woodside have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Woodside was $445,000 in March 2024, up 3.5% from last year, and the median price per square foot was $539.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $330K$345K
+4.5%
2 $540K$542.5K
0.5%
3 $880K$672.5K
-23.6%
4 $990K$990K
0.0%
5+ $1.3M$1.2M
-5.5%

Summary: Woodside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 23.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Neighborhoods

Sunnyside
+14.0%
Woodside
+3.5%
Northwestern Queens
-1.7%
Jackson Heights
-4.3%
Maspeth
-5.3%

Housing Supply in Woodside, NY

How many homes are available in Woodside, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
105118+12.4%

Summary: The Woodside real estate market had 118 homes for sale in March 2024, a 12.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 5660
+7.1%
2 1721
+23.5%
3 1113
+18.2%
4 77
0.0%
5+ 1417
+21.4%

Summary: The Woodside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 21.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodside, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Woodside in March 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.

Days on Market for Woodside, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
98 Days80 Days-18.2%

Summary: Homes in Woodside had an average of 80 days on market in Mar 2024, down by 18.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 9 homes were sold in Woodside; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in Woodside, NY

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