Is Woodway, TX 76712 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Woodway is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score39/ 100

More competitive than 38% of U.S. ZIP codes, and #153 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market
Sold above original list12.8%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$179▼ −1.2% vs. last year

The Woodway housing market right now

In the three months ending August 31, 2026, 13% of homes in Woodway, TX 76712 sold above their list price, the typical home went under contract in 34 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 112 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold faster (57 days then) and the median sale price fell 13% to $344,851. Overall, Woodway is more competitive than a year ago, so tougher for buyers.

Within McLennan County, homes here sell faster than in 82% of the county’s ZIP codes, and sell more often over asking than in 59%. On our competition score, Woodway ranks #153 of 868 TX ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Waco 76711 (0% sold over asking) or Waco 76701 (0% sold over asking), while Axtell 76624 (50% sold over asking) and Elm Mott 76640 (25% sold over asking) are even more competitive.

Nearby markets

Axtell 76624Buyer’s market $153 /sq ftBruceville 76630Seller’s market $176 /sq ftChina Spring 76633Seller’s market $226 /sq ftCrawford 76638Buyer’s market $195 /sq ft Browse all markets →

Where Woodway is

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Questions about Woodway real estate

Is Woodway a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Woodway, TX 76712 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Woodway?

The typical home went under contract in 34 days in the latest three months.

Do homes in Woodway sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in Woodway?

About 1.42% of a home’s value a year in McLennan County, or roughly $5,680 on a $400,000 home.

What is the median home price in Woodway?

The median sale price was $344,851 in the three months ending August 31, 2026, about $179 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology