$9,447 Closing Credit*
$795,500
3,522 SqFt
4 Beds
•3 Full Baths, 1 Partial
Tracy Halverson, Listing Office: Realty ONE Group, Experience
Is The Woodlands, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$560,560
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,771(+6.4%)
Key Takeaway
Homes in The Woodlands have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in The Woodlands was $560,560 in October 2024, up 6.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $163.5K | $141.2K | -13.6% |
| 2 Bedrooms | $331K | $284.5K | -14.0% |
| 3 Bedrooms | $390.8K | $398.3K | +1.9% |
| 4 Bedrooms | $575K | $617.1K | +7.3% |
| 5+ Bedrooms | $878K | $1.0M | +15.0% |
Summary: The Woodlands housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.6%, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Neighborhoods
| Panther Creek | $385K | $425K | +10.4% |
| The Woodlands | $526.7K | $560.5K | +6.4% |
Housing Supply in The Woodlands, TX
How many homes are available in The Woodlands, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 611 | 673 | +10.1% |
Summary: The The Woodlands real estate market had 673 homes for sale in October 2024, a 10.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 39 | 44 | +12.8% |
| 3 Bedrooms | 198 | 223 | +12.6% |
| 4 Bedrooms | 240 | 268 | +11.7% |
| 5+ Bedrooms | 129 | 134 | +3.9% |
Summary: The The Woodlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 3.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 154 | 147 | -4.5% |
Asking Price vs. Sold Price
102 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
20 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. 69.4% of homes here sold below asking price last month.
Summary: A total of 147 homes were sold or pending in The Woodlands in October 2024, down by 4.5% month-over-month. Of the 147 sold homes, 69% were sold under asking, 17% were sold at asking, and 14% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 Days | +38.5% |
Summary: Homes in The Woodlands had an average of 28 days on market in Oct 2024, up by 38.5% compared to last year.
Breakdown of Home Sale Times
101 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
6 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 October 2024, 147 homes were sold in The Woodlands; 69% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.