Is Woodland, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodland is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Woodland has remained a Seller's Market.

Key Takeaway

Woodland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Woodland, WA

How much do homes in Woodland, WA cost?

Median Sold Price

$560,000

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$105,000(+23.1%)

Key Takeaway

Homes in Woodland have sold for 23.1% more than they did a year ago.

Summary: The median home sold price in Woodland was $560,000 in April 2024, up 23.1% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $114K$1.5M
+1215.8%
2 $380K$450K
+18.4%
3 $429K$550K
+28.2%
4 $530K$675K
+27.4%
5+ $625K$564.9K
-9.6%

Summary: Woodland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1215.8%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 27.4%, and 5+ bedroom homes decreased by 9.6%.

Housing Supply in Woodland, WA

How many homes are available in Woodland, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7396+31.5%

Summary: The Woodland real estate market had 96 homes for sale in April 2024, a 31.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 44
0.0%
3 3745
+21.6%
4 2534
+36.0%
5+ 611
+83.3%

Summary: The Woodland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 36%, and 5+ bedroom homes increased by 83.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1225+108.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodland, you may be able to get a good deal. 36% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Woodland in April 2024, up by 108.3% month-over-month. Of the 25 sold homes, 36% were sold under asking, 28% were sold at asking, and 36% were sold over asking.

Days on Market for Woodland, WA

How long does it take to sell a home in Woodland, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
15 Days53 Days+246.9%

Summary: Homes in Woodland had an average of 53 days on market in Apr 2024, up by 246.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 25 homes were sold in Woodland; 60% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 24% 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 14 Days Ago

Newest Listings in Woodland, WA

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