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Featured local agent — Woodlake, VA
Sarah Mitchell
Compass Real Estate · Woodlake, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Woodlake, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$415,750median sale price
How is the Woodlake, VA housing market right now?
The median home sale price in Woodlake, VA is $415,750, down 13.4% year-over-year. Homes sell in an average of 13 days with 11 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Woodlake a buyer's or seller's market?
Woodlake, VA is currently a strong seller's market, based on 0.8 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
13
Fast-moving
Active listings
11
0.8 months supply
Sale-to-list
101.4%
Above asking
What does the Woodlake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $415,750 |
| Median list price | $489,000 |
| Year-over-year price change | -13.4% |
| Average days on market | 13 days |
| Active inventory | 11 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 101.4% |
| Median price per sq ft | $231/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 13 |
| Listings with a price cut | 9.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Woodlake by property type?
How the Woodlake, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $426,000 | $228/sq ft | 12 | 8 days |
| Condo / Co-op | $297,750 | $246/sq ft | 2 | 42 days |
| Townhouse | $305,000 | $240/sq ft | 1 | 33 days |
Source: Redfin · Updated monthly
The Woodlake housing market is currently classified as a strong seller's market with a median sale price of $415,750. Prices have fallen 13.4% compared to last year, with homes spending an average of 13 days on market, indicating 0.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Woodlake
There are currently 11 homes listed for sale in Woodlake, Virginia. The median listing price is $489K.
Active listings
11
Homes on market
Median list price
$489K
Avg. days on market
13
Days until sale
New this week
13
Newly listed
Who lives in Woodlake?
Population
7,373
Median income
$133,782/yr
Median age
40.9 years
Owner-occupied
80.9%
College grads
61.6%
Avg commute
24.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Woodlake?
Woodlake is a community of approximately 7K residents with a median age of 40.9 years.The median household income is $133,782, which reflects a relatively affluent area with strong earning potential. 61.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Woodlake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Woodlake, VA?
Want a head-to-head view? Compare Woodlake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Woodlake?
The median home sale price in Woodlake is $415,750, down 13.4% from last year.
How long do homes stay on market in Woodlake?
Homes typically spend 13 days on market before going under contract.
What is the median income in Woodlake?
The median household income is $133,782 per year.
Is Woodlake a buyer's or seller's market?
With 0.8 months of supply, Woodlake is currently a strong seller's market.
What is the median condo price in Woodlake?
The median condo/co-op sale price in Woodlake, VA is $297,750, compared to $426,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Woodlake?
The median single-family home price in Woodlake, VA is $426,000 (about $228 per square foot).
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