Is Woodland Heights, 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, Woodland Heights has remained a Seller's Market.
Housing Prices in Woodland Heights, TX
How much do homes in Woodland Heights, TX cost?
Median Sold Price
$753,000
$424/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodland Heights was $753,000 in April 2024, down 9.3% from last year, and the median price per square foot was $424.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163.5K | $259K | +58.4% |
2 Bedrooms | $597K | $555K | -7.0% |
3 Bedrooms | $822.5K | $830.1K | +0.9% |
4 Bedrooms | $1.4M | $1.5M | +5.0% |
5+ Bedrooms | $1.6M | $1.8M | +13.3% |
Summary: Woodland Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.4%, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Neighborhoods
Greater Heights / Houston Heights | $610.9K | $650.3K | +6.4% |
Central Houston | $525.1K | $550.1K | +4.8% |
Washington Avenue Coalition / Memorial Park | $501.6K | $522.5K | +4.2% |
Near Northside | $359K | $370K | +3.1% |
Woodland Heights | $830K | $753K | -9.3% |
Housing Supply in Woodland Heights, TX
How many homes are available in Woodland Heights, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 66 | +15.8% |
Summary: The Woodland Heights real estate market had 66 homes for sale in April 2024, a 15.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 17 | 25 | +47.1% |
3 Bedrooms | 16 | 14 | -12.5% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Woodland Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 47.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Woodland Heights in April 2024, up by 40.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.
Days on Market for Woodland Heights, TX
How long does it take to sell a home in Woodland Heights, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 15 Days | -78.8% |
Summary: Homes in Woodland Heights had an average of 15 days on market in Apr 2024, down by 78.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Woodland Heights; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.