Is Woodlake, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodlake is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Woodlake has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Woodlake, FL

How much do homes in Woodlake, FL cost?

Median Sold Price

$392,500

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$46,500(-10.6%)

Key Takeaway

Homes in Woodlake have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Woodlake was $392,500 in April 2024, down 10.6% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $220K$260K
+18.2%
3 $515K$430K
-16.5%
4 $407.7K$255K
-37.5%
5+ --
N/A

Summary: Woodlake 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 increased by 18.2%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes did not change.

Housing Supply in Woodlake, FL

How many homes are available in Woodlake, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1215+25.0%

Summary: The Woodlake real estate market had 15 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 99
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Woodlake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Woodlake in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Woodlake, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days28 Days+283.3%

Summary: Homes in Woodlake had an average of 28 days on market in Apr 2024, up by 283.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was 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 April 2024, 4 homes were sold in Woodlake; 75% of homes were sold within 30 days, 25% 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 1 Day Ago

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