Is Woodbine, TN 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, Woodbine was a Neutral Market.
Key Takeaway
Woodbine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodbine, TN
How much do homes in Woodbine, TN cost?
Median Sold Price
$433,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Woodbine have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Woodbine was $433,000 in April 2024, up 5.6% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | - | N/A |
| 2 Bedrooms | $366.4K | $385K | +5.1% |
| 3 Bedrooms | $410K | $443K | +8.0% |
| 4 Bedrooms | $515K | $540K | +4.9% |
| 5+ Bedrooms | $815K | $627.5K | -23.0% |
Summary: Woodbine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 23%.
Median Sold Price Compared To Nearby Neighborhoods
| Woodbine | $410K | $433K | +5.6% |
| South Nashville | $428K | $450K | +5.1% |
Housing Supply in Woodbine, TN
How many homes are available in Woodbine, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Summary: The Woodbine real estate market had 32 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Woodbine housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 10 | +900.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodbine, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Woodbine in April 2024, up by 900.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Woodbine, TN
How long does it take to sell a home in Woodbine, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 68 Days | 22 Days | -67.6% |
Summary: Homes in Woodbine had an average of 22 days on market in Apr 2024, down by 67.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodbine are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Woodbine; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.