Is Woodlawn Lake, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodlawn Lake is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Woodlawn Lake was a Neutral Market.

Key Takeaway

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

Housing Prices in Woodlawn Lake, TX

How much do homes in Woodlawn Lake, TX cost?

Median Sold Price

$150,000

$168/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$50,000(-25.0%)

Key Takeaway

Homes in Woodlawn Lake have sold for 25% less than they did a month ago.

Summary: The median home sold price in Woodlawn Lake was $150,000 in December 2024, down 25% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $107.5K$150K
+39.5%
3 $207.5K-
N/A
4 --
N/A
5+ $284K-
N/A

Summary: Woodlawn Lake housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Woodlawn Lake, TX

How many homes are available in Woodlawn Lake, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
32320.0%

Summary: The Woodlawn Lake real estate market had 32 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 1818
0.0%
4 34
+33.3%
5+ 33
0.0%

Summary: The Woodlawn Lake housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
51-80.0%

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 Woodlawn Lake, 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 Woodlawn Lake in December 2024, down by 80.0% 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 Woodlawn Lake, TX

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

Average Sale Time

Nov 2024Dec 2024CHANGE
59 Days66 Days+11.1%

Summary: Homes in Woodlawn Lake had an average of 66 days on market in Dec 2024, up by 11.1% 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 Woodlawn Lake has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Woodlawn Lake; 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 4 Days Ago

Newest Listings in Woodlawn Lake, TX

Nearby Markets to Woodlawn Lake, TX