Woodbury, MN Real Estate Listings & Homes for Sale

In October 2024, Woodbury experienced a 2.6% increase in home prices compared to the previous year, with a median sale price of $473K. Homes in the area are spending more time on the market, averaging 48 days, compared to just 33 days in October 2023. Despite the longer market times, sales activity rose, with 106 homes sold this October compared to 92 during the same period last year. This suggests that while buyers may be taking longer to make decisions, demand remains strong, driving an increase in overall transactions in this growing market.

The Woodbury housing market is moderately competitive. On average, homes sell within 44 days, often for about 1% below the list price. While some properties receive multiple offers, "hot homes"—those in high demand—tend to sell at or near the asking price and go pending in just 17 days. This balance of activity reflects steady buyer interest, with well-priced and desirable homes moving quickly in the market.

In November 2024, Woodbury, MN, is a seller's market, indicating that demand for homes exceeds the available inventory. This creates favorable conditions for sellers, as competition among buyers often leads to quicker sales and potentially stronger offers. For buyers, acting decisively is crucial in this competitive environment to secure a property in this desirable area.