Search homes for sale in Woodbury, MN with real estate agent, Adam Duckwall.
The Woodbury housing market is moderately competitive. Last month, the median sale price for a home in Woodbury reached $473K, reflecting a 2.6% increase compared to the previous year. Meanwhile, the median price per square foot decreased by 1.5%, settling at $193.
Median Sale Price
Median Sale Price per Sq. Ft.
# of Homes Sold
Median Days on Market
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.
Have questions about the Woodbury real estate market or ready to start your home search? Adam is here to help! With expert knowledge of the area and a commitment to finding the right property for you, Adam can guide you through every step of the process. Don’t wait—reach out today and take the first step toward finding your dream home in Woodbury, MN!
Discover everything Woodbury has to offer with our comprehensive neighborhood guide. From beautiful parks and excellent schools to vibrant shopping and dining options, this guide provides all the insights you need. Start browsing now to see why Woodbury is one of the most sought-after communities in Minnesota!
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