Is Woodlake, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodlake is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Woodlake has remained a Seller's Market.

Key Takeaway

Woodlake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Woodlake, TX

How much do homes in Woodlake, TX cost?

Median Sold Price

$217,475

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$7,525(-3.3%)

Key Takeaway

Homes in Woodlake have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Woodlake was $217,475 in November 2024, down 3.3% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $179K$202.5K
+13.1%
3 $224.4K$221K
-1.5%
4 $254.5K$207.5K
-18.5%
5+ $265.5K-
N/A

Summary: Woodlake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Estates / Mission Hills
-1.9%
Woodlake
-3.3%

Housing Supply in Woodlake, TX

How many homes are available in Woodlake, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2022+10.0%

Summary: The Woodlake real estate market had 22 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1314
+7.7%
4 67
+16.7%
5+ 11
0.0%

Summary: The Woodlake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodlake, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Woodlake in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Woodlake, TX

How long does it take to sell a home in Woodlake, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
165 Days73 Days-55.4%

Summary: Homes in Woodlake had an average of 73 days on market in Nov 2024, down by 55.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Woodlake are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Woodlake; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Woodlake, TX

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