Woodbury Housing Market: House Prices & Trends
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Can sell for about 2% above list price and go pending in around 11 days. Median home value is the value which has equal numbers of homes valued above and below it. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values. If you have questions or feedback about this data, get help at riskfactor.com and climatecheck.com.
Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred.
Woodbury, MN Home Reports
These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices. The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level. Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S. Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties.
Individual neighborhoods within Woodbury differ in their investment potential, sometimes by a great deal. Over the last year, Woodbury appreciation rates have trailed the rest of the nation. In the last twelve months, Woodbury's appreciation rate has been 8.77%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Woodbury were at 2.04%, which equates to an annual appreciation rate of 8.42%. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages.
Climate's impact on Woodbury housing
There were 760 properties sold in Woodbury, MN, which spent an average of 57 days on the market. You may also be interested in single family homes and condo/townhomes that sold in popular zip codes like 55125, 55129, or neighboring cities, such as Minneapolis, Cottage Grove, Lakeville, Eagan, Blaine. Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit. Mortgage transactions on condominiums or multi-unit properties are also excluded. As such, NeighborhoodScout does not produce appreciation rates for neighborhoods that consist solely of renters or have no single-family homes . One very important thing to keep in mind is that these are average appreciation rates for the city.
Currently our records indicate that there are 0 properties located in the Woodbury, MN Area. Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn. Across the nation, 0.65% of homebuyers searched to move into Woodbury from outside metros. Find out the number of homebuyers searching to move in and out of Woodbury, plus the top relocation destinations. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate.
Woodbury Home Appreciation Rates
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels. Woodbury MN Home Values Exploded from October 2020 thru October 2021. Woodbury home owners who took advantage of the housing inventory shortage walked away from the closing table with significant net proceeds because of home appreciation. Let’s look at the rolling twelve months from October of 2020 through October 2021 illustrating the appreciation during this time frame.
By providing this information, Redfin and its agents are not providing advice or guidance on flood risk, flood insurance, or other climate risks. Redfin strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction. Percentages are based on the number of housing units for each type over the total number of units across all types. The proportion of homes and apartments in the city built within a certain time period. Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Woodbury.
Highest Appreciating Woodbury Neighborhoods Since 2000
Woodbury MN home owners who took advantage of the housing inventory shortage walked away from the closing table with significant net proceeds because of home appreciation. We’re working on getting current and accurate flood risk information. Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood. Flood risk in Woodbury is increasing slower than the national average. Can sell for about 2% above list price and go pending in around 9 days.
To verify school enrollment eligibility, contact the school district directly. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire. Click on the risks below to learn which exist in Woodbury today and how they’ll change by 2050. To verify enrollment eligibility for a property, contact the school directly. Chicago was the most popular destination among Woodbury homebuyers followed by Brainerd and Cape Coral. 76% of Woodbury homebuyers searched to stay within the Woodbury metropolitan area.
To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. The average sale price of a home in Woodbury was $435K last month, up 5.8% since last year. The average sale price per square foot in Woodbury is $182, up 1.7% since last year.
Some of the hottest neighborhoods near Woodbury, MN are Dayton's Bluff, Village, South Lake Elmo, Saint Paul Park, Southern Hayden Heights. Realtor.com® wants to make sure you can search single family homes with ease. That is why we have compiled a list of 161 single family homes that are currently for sale within Woodbury, MN residential boundaries, including open house listings.
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