Is Woodland Heights, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodland Heights is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Woodland Heights was a Seller's Market.

Key Takeaway

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

Housing Prices in Woodland Heights, TX

How much do homes in Woodland Heights, TX cost?

Median Sold Price

$766,500

$425/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,750(+1.2%)

Key Takeaway

Homes in Woodland Heights have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Woodland Heights was $766,500 in October 2024, up 1.2% from last year, and the median price per square foot was $425.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $229.8K$291K
+26.6%
2 $589K$460K
-21.9%
3 $774.7K$790K
+2.0%
4 $1.4M$1.5M
+7.1%
5+ $1.7M$1.6M
-2.6%

Summary: Woodland Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.6%, 2 bedroom homes decreased by 21.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Neighborhoods

Near Northside
+2.7%
Washington Avenue Coalition / Memorial Park
+2.4%
Woodland Heights
+1.2%
Central Houston
+1.1%
Greater Heights / Houston Heights
-0.2%

Housing Supply in Woodland Heights, TX

How many homes are available in Woodland Heights, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4960+22.4%

Summary: The Woodland Heights real estate market had 60 homes for sale in October 2024, a 22.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 1923
+21.1%
3 1216
+33.3%
4 910
+11.1%
5+ 47
+75.0%

Summary: The Woodland Heights 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 21.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodland Heights, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Woodland Heights in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for Woodland Heights, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days21 Days-32.8%

Summary: Homes in Woodland Heights had an average of 21 days on market in Oct 2024, down by 32.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Woodland Heights; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% 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 14 Days Ago

Newest Listings in Woodland Heights, TX

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