$10,000 Closing Credit*
$1,100,000
3,828 SqFt
4 Beds
•3 Full Baths, 1 Partial
Michael Seder, Listing Office: eXp Realty LLC
Is The Woodlands, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, The Woodlands has remained a Seller's Market.
Key Takeaway
The Woodlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Woodlands, TX
How much do homes in The Woodlands, TX cost?
Median Sold Price
$576,594
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,039(+9.5%)
Key Takeaway
Homes in The Woodlands have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in The Woodlands was $576,594 in November 2024, up 9.5% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162K | $141.2K | -12.8% |
| 2 Bedrooms | $337K | $279.9K | -16.9% |
| 3 Bedrooms | $395K | $399.7K | +1.2% |
| 4 Bedrooms | $574.7K | $624.8K | +8.7% |
| 5+ Bedrooms | $896.3K | $1.0M | +13.4% |
Summary: The Woodlands housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes decreased by 16.9%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Neighborhoods
| The Woodlands | $526.5K | $576.5K | +9.5% |
| Panther Creek | $401K | $435K | +8.5% |
| Pines | $450K | $478K | +6.2% |
Housing Supply in The Woodlands, TX
How many homes are available in The Woodlands, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 617 | 591 | -4.2% |
Summary: The The Woodlands real estate market had 591 homes for sale in November 2024, a 4.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 40 | 37 | -7.5% |
| 3 Bedrooms | 203 | 196 | -3.4% |
| 4 Bedrooms | 240 | 236 | -1.7% |
| 5+ Bedrooms | 130 | 119 | -8.5% |
Summary: The The Woodlands housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 8.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 156 | 120 | -23.1% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Woodlands, you may be able to get a good deal. 64.4% of homes here sold below asking price last month.
Summary: A total of 120 homes were sold or pending in The Woodlands in November 2024, down by 23.1% month-over-month. Of the 118 sold homes, 64% were sold under asking, 25% were sold at asking, and 11% were sold over asking.
Days on Market for The Woodlands, TX
How long does it take to sell a home in The Woodlands, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 41 Days | +50.7% |
Summary: Homes in The Woodlands had an average of 41 days on market in Nov 2024, up by 50.7% compared to last year.
Breakdown of Home Sale Times
69 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Woodlands are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 120 homes were sold in The Woodlands; 57% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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