Is Jefferson / Woodlawn Lake, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jefferson / Woodlawn Lake was a Buyer's Market.
Housing Prices in Jefferson / Woodlawn Lake, TX
How much do homes in Jefferson / Woodlawn Lake, TX cost?
Median Sold Price
$270,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jefferson / Woodlawn Lake was $270,000 in April 2024, down 10.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $260K | $233.5K | -10.2% |
3 Bedrooms | $290K | $299K | +3.1% |
4 Bedrooms | $379K | $162.5K | -57.1% |
5+ Bedrooms | $660K | $263.8K | -60.0% |
Summary: Jefferson / Woodlawn Lake 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 10.2%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes decreased by 60%.
Median Sold Price Compared To Nearby Neighborhoods
Los Angeles Heights - Keystone | $204.2K | $225K | +10.2% |
Jefferson / Woodlawn Lake | $302.5K | $270K | -10.7% |
Housing Supply in Jefferson / Woodlawn Lake, TX
How many homes are available in Jefferson / Woodlawn Lake, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Summary: The Jefferson / Woodlawn Lake real estate market had 34 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jefferson / Woodlawn Lake 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 20%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Jefferson / Woodlawn Lake in April 2024, up by 150.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Jefferson / Woodlawn Lake, TX
How long does it take to sell a home in Jefferson / Woodlawn Lake, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 63 Days | +431.7% |
Summary: Homes in Jefferson / Woodlawn Lake had an average of 63 days on market in Apr 2024, up by 431.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Jefferson / Woodlawn Lake; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.