Is Woodforest, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Woodforest has remained a Seller's Market.
Housing Prices in Woodforest, TX
How much do homes in Woodforest, TX cost?
Median Sold Price
$525,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodforest was $525,000 in April 2024, down 1.9% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $443.5K | $435K | -1.9% |
3 Bedrooms | $455.6K | $460K | +0.9% |
4 Bedrooms | $550K | $552K | 0.4% |
5+ Bedrooms | $765K | $787.5K | +2.9% |
Summary: Woodforest 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 1.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in Woodforest, TX
How many homes are available in Woodforest, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
91 | 115 | +26.4% |
Summary: The Woodforest real estate market had 115 homes for sale in April 2024, a 26.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 41 | 57 | +39.0% |
5+ Bedrooms | 17 | 23 | +35.3% |
Summary: The Woodforest 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 remained the same, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 39%, and 5+ bedroom homes increased by 35.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 26 | +85.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Woodforest in April 2024, up by 85.7% month-over-month. Of the 26 sold homes, 69% were sold under asking, 19% were sold at asking, and 12% were sold over asking.
Days on Market for Woodforest, TX
How long does it take to sell a home in Woodforest, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 65 Days | +3.3% |
Summary: Homes in Woodforest had an average of 65 days on market in Apr 2024, up by 3.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Woodforest; 35% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.