Is Woodbury, NY 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 Buyer's Market.
Key Takeaway
Woodbury is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodbury, NY
How much do homes in Woodbury, NY cost?
Median Sold Price
$694,750
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Woodbury have sold for 10% more than they did a year ago.
Summary: The median home sold price in Woodbury was $694,750 in May 2024, up 10% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $586.7K | $599K | +2.1% |
| 2 Bedrooms | $300.5K | $490K | +63.1% |
| 3 Bedrooms | $430K | $551K | +28.1% |
| 4 Bedrooms | $680K | $713K | +4.9% |
| 5+ Bedrooms | $1.2M | $1.5M | +20.0% |
Summary: Woodbury housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 63.1%, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
| Harriman | $221K | $267.5K | +21.0% |
| Woodbury | $631.5K | $694.7K | +10.0% |
| Highland Mills | $460K | $500K | +8.7% |
Housing Supply in Woodbury, NY
How many homes are available in Woodbury, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 82 | 104 | +26.8% |
Summary: The Woodbury real estate market had 104 homes for sale in May 2024, a 26.8% increase 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 | 8 | 9 | +12.5% |
| 3 Bedrooms | 28 | 33 | +17.9% |
| 4 Bedrooms | 24 | 35 | +45.8% |
| 5+ Bedrooms | 22 | 27 | +22.7% |
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 increased by 12.5%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 45.8%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodbury, 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 Woodbury in May 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for Woodbury, NY
How long does it take to sell a home in Woodbury, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 66 Days | 86 Days | +29.4% |
Summary: Homes in Woodbury had an average of 86 days on market in May 2024, up by 29.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodbury are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Woodbury; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.