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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodtrace is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Woodtrace was a Buyer's Market.

Key Takeaway

Woodtrace is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Woodtrace, TX

How much do homes in Woodtrace, TX cost?

Median Sold Price

$637,500

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+6.3%)

Key Takeaway

Homes in Woodtrace have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Woodtrace was $637,500 in November 2024, up 6.3% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $357.5K$385K
+7.7%
4 $582K$632K
+8.6%
5+ $710K$699K
-1.5%

Summary: Woodtrace 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 did not change, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 1.5%.

Housing Supply in Woodtrace, TX

How many homes are available in Woodtrace, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2324+4.3%

Summary: The Woodtrace real estate market had 24 homes for sale in November 2024, a 4.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 2120
-4.8%
5+ 23
+50.0%

Summary: The Woodtrace 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 100%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

4 Homes Were 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 Woodtrace, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Woodtrace in November 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Woodtrace, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days75 Days+482.7%

Summary: Homes in Woodtrace had an average of 75 days on market in Nov 2024, up by 482.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Woodtrace; 0% of homes were sold within 30 days, 75% 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

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