Is Woodlawn, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodlawn is a seller's market

Buyer's
Market

Difference Since April 2021

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.

How much do homes in Woodlawn, TN cost?

Median Sold Price

$260,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$60,000(+30.0%)

Key Takeaway

Homes in Woodlawn have sold for 30% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $147K$219.9K
+49.6%
3 $200K$250K
+25.0%
4 $300K$324.9K
+8.3%
5+ $299.9K$283K
-5.7%

How many homes are available in Woodlawn, TN?

Number of Homes For Sale

Mar 2022Apr 2022%
2928-3.4%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 22
0.0%
3 1719
+11.8%
4 107
-30.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
710+42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodlawn, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Average Sale Time

Apr 2021Apr 2022%
2 Days16 Days+715.0%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Woodlawn, TN

Homes for sale in Woodlawn, TN have reached 28. Between March 2022 and April 2022, Woodlawn, TN real estate market has seen decrease in the number of listings by 3.4%. In April 2022, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $260,000. Listing prices have changed in this real estate market between March 2022 and April 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 49.6%, prices of 3 bedrooms properties went up by 25%, the cost of 4 bedrooms properties went up by 8.3%, prices of 5 bedrooms properties decreased by 5.7%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory increased by 11.8%, 4 bedrooms homes inventory decreased by 30%, the quantity of 5 bedrooms homes have not changed. In April 2022, from all listings sold in Woodlawn, TN there were more than 4 sold above asking price, over 2 sold below and more than 4 were sold right at the asked price.