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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodlake is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Woodlake was a Neutral Market.

Key Takeaway

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

Housing Prices in Woodlake, TX

How much do homes in Woodlake, TX cost?

Median Sold Price

$165,000

$86/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$50,000(-23.3%)

Key Takeaway

Homes in Woodlake have sold for 23.3% less than they did a month ago.

Summary: The median home sold price in Woodlake was $165,000 in October 2024, down 23.3% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $215K-
N/A
3 $226.5K$165K
-27.2%
4 $207.5K-
N/A
5+ --
N/A

Summary: Woodlake housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 27.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Woodlake, TX

How many homes are available in Woodlake, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1823+27.8%

Summary: The Woodlake real estate market had 23 homes for sale in October 2024, a 27.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1617
+6.3%
4 15
+400.0%
5+ 01
+100.0%

Summary: The Woodlake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 400%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodlake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Woodlake in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
24 Days40 Days+66.7%

Summary: Homes in Woodlake had an average of 40 days on market in Oct 2024, up by 66.7% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Woodlake has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Woodlake; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Woodlake, TX

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