Is New Waverly, TX 77358 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

New Waverly is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score5/ 100

More competitive than 1% of U.S. ZIP codes, and #838 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 supply7.5Under 4 months = seller’s market
Sold above original list5.6%Share of sales, last 3 months
Median sale-to-list93.9%Sold price ÷ list price
Median days on market117Listing to accepted offer
Median price per sq ft$168▼ −14.4% vs. last year

The New Waverly housing market right now

In the three months ending August 31, 2026, 6% of homes in New Waverly, TX 77358 sold above their list price, the typical home went under contract in 117 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 19 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (75 days then) and the median sale price fell 5% to $386,833. Overall, New Waverly is less competitive than a year ago, which gives buyers more room.

On our competition score, New Waverly ranks #838 of 868 TX ZIP codes with enough sales (score 5 out of 100).

Nearby, buyers who want less competition could look at Huntsville 77340 (2% sold over asking), while Huntsville 77320 (11% sold over asking) is even more competitive.

Nearby markets

Huntsville 77320Buyer’s market $145 /sq ftHuntsville 77340Buyer’s market $157 /sq ft Browse all markets →

Where New Waverly is

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Questions about New Waverly real estate

Is New Waverly a buyer’s or seller’s market?

A buyer’s market: there were 7.5 months of supply in New Waverly, TX 77358 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 New Waverly?

The typical home went under contract in 117 days in the latest three months.

Do homes in New Waverly sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 93.9% of the list price.

What are property taxes in New Waverly?

About 1.18% of a home’s value a year in Walker County, or roughly $4,720 on a $400,000 home.

What is the median home price in New Waverly?

The median sale price was $386,833 in the three months ending August 31, 2026, about $168 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