Is Woodbury, TN 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, Woodbury has remained a Seller's Market.
Housing Prices in Woodbury, TN
How much do homes in Woodbury, TN cost?
Median Sold Price
$299,999
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Woodbury was $299,999 in March 2024, up 11.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $140K | N/A |
2 Bedrooms | $152K | $255K | +67.8% |
3 Bedrooms | $280.2K | $329.9K | +17.7% |
4 Bedrooms | $394.9K | $377.4K | -4.4% |
5+ Bedrooms | $367.5K | $232K | -36.9% |
Summary: Woodbury housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 67.8%, 3 bedroom homes increased by 17.7%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 36.9%.
Housing Supply in Woodbury, TN
How many homes are available in Woodbury, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 38 | -11.6% |
Summary: The Woodbury real estate market had 38 homes for sale in March 2024, a 11.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 4 | -50.0% |
3 Bedrooms | 26 | 25 | -3.8% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Woodbury housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Woodbury in March 2024, down by 36.4% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Woodbury, TN
How long does it take to sell a home in Woodbury, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 31 Days | +4.1% |
Summary: Homes in Woodbury had an average of 31 days on market in Mar 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Woodbury; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.