Is Woodbury, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$300,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Woodbury was $300,000 in May 2024, up 7.1% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $140K | N/A |
2 Bedrooms | $169K | $239.9K | +42.0% |
3 Bedrooms | $280.5K | $342.4K | +22.1% |
4 Bedrooms | $394.9K | $330K | -16.5% |
5+ Bedrooms | $545K | $341K | -37.4% |
Summary: Woodbury housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42%, 3 bedroom homes increased by 22.1%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes decreased by 37.4%.
Housing Supply in Woodbury, TN
How many homes are available in Woodbury, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 41 | -2.4% |
Summary: The Woodbury real estate market had 41 homes for sale in May 2024, a 2.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 26 | 28 | +7.7% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Woodbury housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Woodbury in May 2024, the same as the previous month. Of the 9 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 32 Days | -15.8% |
Summary: Homes in Woodbury had an average of 32 days on market in May 2024, down by 15.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Woodbury; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.