Is Greater Woodlawn, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greater Woodlawn is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Greater Woodlawn was a Neutral Market.

Key Takeaway

Greater Woodlawn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greater Woodlawn, FL

How much do homes in Greater Woodlawn, FL cost?

Median Sold Price

$722,500

$432/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$132,500(+22.5%)

Key Takeaway

Homes in Greater Woodlawn have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in Greater Woodlawn was $722,500 in April 2024, up 22.5% from last year, and the median price per square foot was $432.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$425K
N/A
2 $535K$486.5K
-9.1%
3 $570K$685K
+20.2%
4 $749.5K$1.0M
+33.4%
5+ -$1.3M
N/A

Summary: Greater Woodlawn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 33.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Five Points
+35.3%
Greater Woodlawn
+22.5%
Magnolia Heights
-1.1%
Crescent Heights
-15.4%

Housing Supply in Greater Woodlawn, FL

How many homes are available in Greater Woodlawn, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10100.0%

Summary: The Greater Woodlawn real estate market had 10 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 13
+200.0%
3 55
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Greater Woodlawn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greater Woodlawn, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Greater Woodlawn in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Greater Woodlawn, FL

How long does it take to sell a home in Greater Woodlawn, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
3 Days7 Days+133.3%

Summary: Homes in Greater Woodlawn had an average of 7 days on market in Apr 2024, up by 133.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Greater Woodlawn are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Greater Woodlawn; 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 6 Days Ago

Newest Listings in Greater Woodlawn, FL

Nearby Markets to Greater Woodlawn, FL