Recently selected by Money magazine as the "hottest place to live in the Midwest for cities under 100,000," Woodbury is also an ideal location for business. As one of the fastest growing and most vibrant communities in the Midwest, Woodbury is home to a vast pool of skilled and educated workers. It also offers an impressive inventory of commercial and industrial properties available for development.
Bordered by Interstates 94, 494 and 694, Woodbury is strategically located only minutes from the Minneapolis/St. Paul International Airport. Residents and businesses alike enjoy quick and easy access to Minneapolis, St. Paul and area suburbs.
Businesses and economic development are a critical component of Woodbury's success. Woodbury is a vital and vibrant city, and as such, has been one of Minnesota's fastest growing cities for several years. Since the 1980 Census, the population has more than quadrupled, going from some 10,000 people to an estimated 2000 population of approximately 47,000.
Our area offers companies a hard working, highly skilled and rapidly growing labor force of more than 1.6 million people and that number continues to grow. With numerous colleges, universities and technical institutions in close proximity, there are valuable opportunities for ongoing higher education and cooperative, customized technical training for local businesses. The city's variety of housing types, as well as retail and service attractions, make Woodbury a place that employees want to call home.
Real Estate in Woodbury has continued to remain strong. The above average Schools and the Big Companies like 3M, Ecowater, Land O Lakes and Hartford Insurance attract home buyers to the area.
Average price per square foot for Woodbury MN was $139, a decrease of 10.9% compared to the same period last year. The median sales price for homes in Woodbury MN for Aug 09 to Oct 09 was $241,500 based on 309 home sales. Compared to the same period one year ago, the median home sales price decreased 16.7%, or $48,500, and the number of home sales decreased 7.8%.
There are currently 456 resale and new homes in Woodbury on Trulia, as well as 159 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Woodbury MN was $328,070 for the week ending Nov 10, which represents a decrease of 0.5%, or $1,625, compared to the prior week.