$9,132 Closing Credit*
$769,000
1,920 SqFt
4 Beds
•2 Full Baths, 1 Partial
MaryEllen Rotondo, Listing Office: Compass
Is Woodlawn, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Woodlawn has remained a Seller's Market.
Key Takeaway
Woodlawn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodlawn, VA
How much do homes in Woodlawn, VA cost?
Median Sold Price
$377,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$82,000(+27.8%)
Key Takeaway
Homes in Woodlawn have sold for 27.8% more than they did a year ago.
Summary: The median home sold price in Woodlawn was $377,000 in December 2024, up 27.8% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $215K | +7.5% |
| 2 Bedrooms | $260K | $275.5K | +6.0% |
| 3 Bedrooms | $385K | $480K | +24.7% |
| 4 Bedrooms | $515K | $539K | +4.7% |
| 5+ Bedrooms | $650K | $660K | +1.5% |
Summary: Woodlawn housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 24.7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in Woodlawn, VA
How many homes are available in Woodlawn, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 46 | 43 | -6.5% |
Summary: The Woodlawn real estate market had 43 homes for sale in December 2024, a 6.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Woodlawn housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodlawn, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Woodlawn in December 2024, down by 26.7% month-over-month. Of the 11 sold homes, 9% were sold under asking, 36% were sold at asking, and 55% were sold over asking.
Days on Market for Woodlawn, VA
How long does it take to sell a home in Woodlawn, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 23 Days | 23 Days | -0.3% |
Summary: Homes in Woodlawn had an average of 23 days on market in Dec 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Woodlawn are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in Woodlawn; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
