The Lower Woodward housing market is not very competitive. The median sale price of a home in Lower Woodward was $388K last month, down 19.3% since last year. The median sale price per square foot in Lower Woodward is $316, up 7.7% since last year.
What is the housing market like in Lower Woodward today?
In October 2024, Lower Woodward home prices were down 19.3% compared to last year, selling for a median price of $388K. On average, homes in Lower Woodward sell after 86 days on the market compared to 72 days last year. There were 20 homes sold in October this year, down from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$387,500
-19.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lower Woodward, MI
$387,500
-19.3%
United States
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How hot is the Lower Woodward housing market?
Lower Woodward is not very competitive. Homes sell in 76 days.
0
100
20
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 76 days.
Hot homes
can sell for around list price and go pending in around 26 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lower Woodward housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lower Woodward.
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lower Woodward has a minor risk of flooding. 197 properties in Lower Woodward are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Lower Woodward. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lower Woodward has a moderate risk of wildfire. There are 36 properties in Lower Woodward that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Lower Woodward.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lower Woodward has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lower Woodward is most at risk from severe storms. 3,003 properties in Lower Woodward have some risk of being in a severe wind event within the next 30 years.