Is Woodbine, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbine is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Woodbine was a Seller's Market.

Key Takeaway

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

Housing Prices in Woodbine, TN

How much do homes in Woodbine, TN cost?

Median Sold Price

$420,000

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$10,000(+2.4%)

Key Takeaway

Homes in Woodbine have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Woodbine was $420,000 in September 2024, up 2.4% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $425K-
N/A
2 $372.5K$385K
+3.4%
3 $402.5K$443K
+10.1%
4 $450K$625K
+38.9%
5+ $645K$737.5K
+14.3%

Summary: Woodbine housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Neighborhoods

South Nashville
+4.5%
Woodbine
+2.4%

Housing Supply in Woodbine, TN

How many homes are available in Woodbine, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2830+7.1%

Summary: The Woodbine real estate market had 30 homes for sale in September 2024, a 7.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 66
0.0%
3 1616
0.0%
4 47
+75.0%
5+ 10
-100.0%

Summary: The Woodbine housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodbine, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Woodbine in September 2024, down by 50.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2023Sep 2024CHANGE
57 Days40 Days-29.7%

Summary: Homes in Woodbine had an average of 40 days on market in Sep 2024, down by 29.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Woodbine are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 4 homes were sold in Woodbine; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 30 Days Ago

Newest Listings in Woodbine, TN

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