Is Jefferson / Woodlawn Lake, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson / Woodlawn Lake is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Jefferson / Woodlawn Lake was a Neutral Market.

Key Takeaway

Jefferson / Woodlawn Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jefferson / Woodlawn Lake, TX

How much do homes in Jefferson / Woodlawn Lake, TX cost?

Median Sold Price

$273,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$1,000(+0.4%)

Key Takeaway

The sold price of homes in Jefferson / Woodlawn Lake has remained the same since last year.

Summary: The median home sold price in Jefferson / Woodlawn Lake was $273,000 in December 2024, up 0.4% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $260K$250K
-3.8%
3 $299K$264K
-11.7%
4 $270.7K$330K
+21.9%
5+ $263.8K$457.8K
+73.5%

Summary: Jefferson / Woodlawn Lake housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes increased by 73.5%.

Median Sold Price Compared To Nearby Neighborhoods

Monticello Park
+14.9%
Jefferson
+7.6%
Jefferson / Woodlawn Lake
0.4%

Housing Supply in Jefferson / Woodlawn Lake, TX

How many homes are available in Jefferson / Woodlawn Lake, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3134+9.7%

Summary: The Jefferson / Woodlawn Lake real estate market had 34 homes for sale in December 2024, a 9.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 1621
+31.3%
4 64
-33.3%
5+ 10
-100.0%

Summary: The Jefferson / Woodlawn Lake housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson / Woodlawn Lake, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Jefferson / Woodlawn Lake in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Jefferson / Woodlawn Lake, TX

How long does it take to sell a home in Jefferson / Woodlawn Lake, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days19 Days-58.4%

Summary: Homes in Jefferson / Woodlawn Lake had an average of 19 days on market in Dec 2024, down by 58.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jefferson / Woodlawn Lake are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Jefferson / Woodlawn Lake; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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