Waller, TX—77484
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waller, TX
As of Oct '25, the median home price in Waller, TX is $373,000, with a year-over-year change of -1.4%. This indicates that home prices in Waller, TX are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $373,000 | -1.4% |
| Single Family | $373,000 | -1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $237,000 | 0.9% |
3 Bed | $360,000 | -1.1% |
4 Bed | $463,000 | -0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waller, TX
As of July '25, Rentcast reports the average rent in Waller, TX is $1,600, with a year-over-year rent change of -25.9%. Per bedroom, the median rent as of July '25 in Waller, TX is studios: $3,240, 1-bedrooms: $1,280, 2-bedrooms: $1,490, 3-bedrooms: $1,850, 4-bedrooms: $2,260. The most common rental property sizes in Waller, TX are 2-bedroom and 3-bedroom, accounting for 58.3% and 20.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,600 |
| Studio Rent | $2,500 | $3,240 |
| 1 Bed Rent | $1,250 | $1,280 |
| 2 Bed Rent | $1,500 | $1,490 |
| 3 Bed Rent | $1,700 | $1,850 |
| 4 Bed Rent | $2,010 | $2,260 |
% of Rental Stock
Property Listings — Waller, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Waller, TX is 40. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $351,000 | -13.0% |
Listing Count | 259 | 57.0% |
| Listings as % of Homes | 1.3% | 57.0% |
Days on Market | 40 | -6.0% |
Demographics — Waller, TX
As of the latest ACS Survey released in 2023, Waller, TX has a population of 13,800, which has increased by 24.5% over the past 5 years. Waller, TX is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,800 | 24.5% |
% Under 18 | 22.3% | -18.6% |
% Seniors | 11.9% | -19.0% |
% WFH | 4.2% | 31.2% |
% w/ College Degree | 25.2% | 50.0% |
As of the latest ACS Survey released in 2023, Waller, TX is a predominantly white area, with 46.7% of the population identifying as white. The white population has shrunk by 23.9% in the last 5 years. The second most common race or ethnicity in Waller, TX is hispanic, making up 31.1% of the population. Foreign-born residents account for 12.7% of the population in Waller, TX, and this percentage has decreased by 27.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 46.7% | -23.9% |
% Black | 15.4% | 250.0% |
% Hispanic | 31.1% | 1.6% |
% Asian | 0.3% | -72.7% |
% Foreign Born | 12.7% | -27.0% |
Mortgage and Risk — Waller, TX
According to HUD data as of 2023, there were 241 mortgage originations in Waller, TX, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Waller, TX. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 241 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Waller, TX
As of 2024, the percent of homes in Waller, TX under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Waller, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 50.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,250 | $1,080 |
| 2 Bedroom | -$200 | $1,500 | $1,300 |
| 3 Bedroom | $20 | $1,700 | $1,720 |
| 4 Bedroom | $160 | $2,010 | $2,170 |
Affordability — Waller, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $373,000 |
| Median Household Income | $71,400 |