REAL ESTATE DATA 2021-22 The Woodlands
Data on the real estate market in The Woodlands
COMPILED BY VANESSA HOLT
77384 77385 77386 77382 77381 77380 77389
Real estate market at a glance Home values in all seven ZIP codes in The Woodlands area rose over the previous 12-month period, with a peak increase of 22.8% in 77382. However, the number of homes sold in that time period decreased in all but two ZIP codes. The average number of days on the market dropped across the region. SOURCES: MARTHA TURNER SOTHEBY’S INTERNATIONAL REALTY, FREDDIE MAC COMMUNITY IMPACT NEWSPAPER
1488
45
99 TOLL
N
Average home sales price
Average days on market
June 2020-May 2021
June 2021-May 2022
June 2020-May 2021
June 2021-May 2022
$558,730
77380
+12.16%
$626,683
$454,520
77381
+18.29%
$537,661
$572,693
77382
+22.8%
$702,952
77380
77381
77382
77384
77385
77386
77389
$385,113
Number of homes sold
77384
+10.6%
$425,904
June 2020-May 2021
June 2021-May 2022
$294,061
77385
+20.3%
$353,627
$349,471
77386
+20.2%
$420,089
$474,925
77389
+9.8%
$521,261
77389
77380
77381
77382
77384
77385
77386
National mortgage rate data Mortgage rates steadily declined early in the pandemic with the 30-year xed-rate mortgage dropping to as low as 2.65% in January 2021. Rates have since increased, spiking to their highest point since 2009 as of early May.
5.27%
30-year xed-rate mortgage
15-year xed-rate mortgage
4.51%
5%
3.72%
3.22%
4%
2.65%
4.52%
3%
3.99%
3.16%
2%
2.43%
2.16%
0 January 2019
January 2020
January 2021
January 2022
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THE WOODLANDS EDITION • JULY 2022
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