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 October 2023

At the same time last year, Woodside was a Seller'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

$440,000

$531/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+2.3%)

Key Takeaway

Homes in Woodside have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Woodside was $440,000 in October 2024, up 2.3% from last year, and the median price per square foot was $531.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $335K$330K
-1.5%
2 $542.5K$540K
-0.5%
3 $731.5K$866K
+18.4%
4 $990K$1.1M
+13.1%
5+ $1.3M$1.3M
-2.4%

Summary: Woodside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Neighborhoods

Jackson Heights
+13.7%
Sunnyside
+8.9%
Northwestern Queens
+8.8%
Woodside
+2.3%
Maspeth
0.2%

Housing Supply in Woodside, NY

How many homes are available in Woodside, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
125129+3.2%

Summary: The Woodside real estate market had 129 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 5457
+5.6%
2 2725
-7.4%
3 1413
-7.1%
4 78
+14.3%
5+ 2326
+13.0%

Summary: The Woodside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 13%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Woodside in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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

Oct 2023Oct 2024CHANGE
71 Days64 Days-9.6%

Summary: Homes in Woodside had an average of 64 days on market in Oct 2024, down by 9.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 8 homes were sold in Woodside; 0% of homes were sold within 30 days, 88% of homes were sold within 30 to 90 days, and 13% 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 1 Day Ago

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