Is Woodlake, CA 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 March 2023

At the same time last year, 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, CA

How much do homes in Woodlake, CA cost?

Median Sold Price

$420,150

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$29,750(-6.6%)

Key Takeaway

Homes in Woodlake have sold for 6.6% less than they did a year ago.

Summary: The median home sold price in Woodlake was $420,150 in March 2024, down 6.6% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $240K$290K
+20.8%
4 $455.1K$420.1K
-7.7%
5+ $1.7M$548K
-68.7%

Summary: Woodlake housing prices by bedroom type for March 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 20.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 68.7%.

Housing Supply in Woodlake, CA

How many homes are available in Woodlake, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
15150.0%

Summary: The Woodlake real estate market had 15 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 87
-12.5%
5+ 33
0.0%

Summary: The Woodlake housing inventory by bedroom type for March 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 25%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

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 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 March 2024, the same as the previous 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, CA

How long does it take to sell a home in Woodlake, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
5 Days26 Days+420.0%

Summary: Homes in Woodlake had an average of 26 days on market in Mar 2024, up by 420% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Woodlake; 100% of homes were sold within 30 days, 0% 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 18 Days Ago

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