Is Woodland / Fort Stanton / Garfield Heights / Knox Hill, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Woodland / Fort Stanton / Garfield Heights / Knox Hill was a Seller's Market.
Key Takeaway
Woodland / Fort Stanton / Garfield Heights / Knox Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodland / Fort Stanton / Garfield Heights / Knox Hill, DC
How much do homes in Woodland / Fort Stanton / Garfield Heights / Knox Hill, DC cost?
Median Sold Price
$138,500
$214/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Woodland / Fort Stanton / Garfield Heights / Knox Hill have sold for 38.8% less than they did a month ago.
Summary: The median home sold price in Woodland / Fort Stanton / Garfield Heights / Knox Hill was $138,500 in April 2024, down 38.8% from last month, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83K | $138.5K | +66.9% |
| 2 Bedrooms | $151.9K | - | N/A |
| 3 Bedrooms | $301K | - | N/A |
| 4 Bedrooms | $475K | - | N/A |
| 5+ Bedrooms | $440K | - | N/A |
Summary: Woodland / Fort Stanton / Garfield Heights / Knox Hill housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 66.9%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Woodland / Fort Stanton / Garfield Heights / Knox Hill | $226.4K | $138.5K | -38.8% |
| Knox Hill | $440K | $138.5K | -68.5% |
Housing Supply in Woodland / Fort Stanton / Garfield Heights / Knox Hill, DC
How many homes are available in Woodland / Fort Stanton / Garfield Heights / Knox Hill, DC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The Woodland / Fort Stanton / Garfield Heights / Knox Hill real estate market had 15 homes for sale in April 2024, a 11.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Woodland / Fort Stanton / Garfield Heights / Knox Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodland / Fort Stanton / Garfield Heights / Knox Hill, 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 Woodland / Fort Stanton / Garfield Heights / Knox Hill in April 2024, down by 83.3% 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 Woodland / Fort Stanton / Garfield Heights / Knox Hill, DC
How long does it take to sell a home in Woodland / Fort Stanton / Garfield Heights / Knox Hill, DC?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 68 Days | 101 Days | +48.5% |
Summary: Homes in Woodland / Fort Stanton / Garfield Heights / Knox Hill had an average of 101 days on market in Apr 2024, up by 48.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Woodland / Fort Stanton / Garfield Heights / Knox Hill are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 1 homes were sold in Woodland / Fort Stanton / Garfield Heights / Knox Hill; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
