Is 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
Since last year, Woodlawn Lake has remained a Buyer's Market.
Housing Prices in Woodlawn Lake, TX
How much do homes in Woodlawn Lake, TX cost?
Median Sold Price
$206,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodlawn Lake was $206,000 in April 2024, down 19.8% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $105K | N/A |
2 Bedrooms | $173.2K | $155K | -10.5% |
3 Bedrooms | $262.5K | $188.7K | -28.1% |
4 Bedrooms | $270K | $399.9K | +48.1% |
5+ Bedrooms | $625K | $317.9K | -49.1% |
Summary: 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 10.5%, 3 bedroom homes decreased by 28.1%, 4 bedroom homes increased by 48.1%, and 5+ bedroom homes decreased by 49.1%.
Median Sold Price Compared To Nearby Neighborhoods
Prospect Hill | $146.5K | $200K | +36.5% |
Beacon Hill | $319K | $305K | -4.4% |
Jefferson / Woodlawn Lake | $302.5K | $270K | -10.7% |
Woodlawn Lake | $257K | $206K | -19.8% |
Housing Supply in Woodlawn Lake, TX
How many homes are available in Woodlawn Lake, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 40 | +8.1% |
Summary: The Woodlawn Lake real estate market had 40 homes for sale in April 2024, a 8.1% 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 | 5 | 5 | 0.0% |
3 Bedrooms | 23 | 26 | +13.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 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 remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Woodlawn Lake in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Woodlawn Lake, TX
How long does it take to sell a home in Woodlawn Lake, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
173 Days | 71 Days | -58.8% |
Summary: Homes in Woodlawn Lake had an average of 71 days on market in Apr 2024, down by 58.8% 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 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.