Is The Woodlands, 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, The Woodlands has remained a Seller's Market.
Housing Prices in The Woodlands, TX
How much do homes in The Woodlands, TX cost?
Median Sold Price
$529,099
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in The Woodlands was $529,099 in April 2024, up 1.8% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $154K | $163.5K | +6.2% |
2 Bedrooms | $330.5K | $290K | -12.3% |
3 Bedrooms | $383.5K | $389K | +1.4% |
4 Bedrooms | $555.9K | $594.8K | +7.0% |
5+ Bedrooms | $874.2K | $925K | +5.8% |
Summary: The Woodlands housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Neighborhoods
The Woodlands | $519.8K | $529K | +1.8% |
Panther Creek | $418K | $405K | -3.1% |
Housing Supply in The Woodlands, TX
How many homes are available in The Woodlands, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
538 | 628 | +16.7% |
Summary: The The Woodlands real estate market had 628 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 38 | 36 | -5.3% |
3 Bedrooms | 143 | 178 | +24.5% |
4 Bedrooms | 234 | 260 | +11.1% |
5+ Bedrooms | 119 | 151 | +26.9% |
Summary: The The Woodlands housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 26.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
158 | 178 | +12.7% |
Asking Price vs. Sold Price
104 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
53 Homes Were Sold
Over Asking
Summary: A total of 178 homes were sold or pending in The Woodlands in April 2024, up by 12.7% month-over-month. Of the 178 sold homes, 58% were sold under asking, 12% were sold at asking, and 30% were sold over asking.
Days on Market for The Woodlands, TX
How long does it take to sell a home in The Woodlands, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 21 Days | -27.9% |
Summary: Homes in The Woodlands had an average of 21 days on market in Apr 2024, down by 27.9% compared to last year.
Breakdown of Home Sale Times
137 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 178 homes were sold in The Woodlands; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.