Nuway, TX79835

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$205,000
1.0% YoY Growth
Median Household Income
$43,000
44.0% 5-Year Growth
Days on Market
158
16.0% Longer than last year
Home Price Forecast
1.8%
Median Rent
$1,200
14.1% YoY Growth
1-Bed Rent
$685
3.3% YoY Growth
2-Bed Rent
$895
8.0% YoY Growth
3-Bed Rent
$1,850
48.1% YoY Growth

Property Listings — Nuway, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Nuway, TX is 158. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$298,00017.0%
Listing Count
18-72.0%
Listings as % of Homes0.1%-72.0%
Days on Market
15816.0%
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Demographics — Nuway, TX

As of the latest ACS Survey released in 2023, Nuway, TX has a population of 12,300, which has increased by 13.7% over the past 5 years. Nuway, TX is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 12.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
12,30013.7%
% Under 18
27.4%-14.9%
% Seniors
13.5%15.4%
% WFH
6.9%4.5%
% w/ College Degree
12.3%-12.8%
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As of the latest ACS Survey released in 2023, Nuway, TX is a predominantly hispanic area, with 92.7% of the population identifying as hispanic. The hispanic population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Nuway, TX is white, making up 5.3% of the population. Foreign-born residents account for 32.5% of the population in Nuway, TX, and this percentage has increased by 8.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
5.3%-15.9%
% Black
0.9%800.0%
% Hispanic
92.7%-1.0%
% Asian
1.0%∞%
% Foreign Born
32.5%8.3%
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Mortgage and Risk — Nuway, TX

According to HUD data as of 2023, there were 211 mortgage originations in Nuway, TX, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Nuway, TX. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
211
% Conventional Loans
47.0%
% Government Loans
53.0%
% Investor Loans
0.0%
% Second Loans
2.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Nuway, TX

As of 2024, the percent of homes in Nuway, TX under the Section 8 program is 7.1%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Nuway, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
139
Total Units Section 8
139
% Rentals under Section 8
7.1%
% Occupied Section 8
78.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$255$685$940
2 Bedroom$205$895$1,100
3 Bedroom-$330$1,850$1,520
4 Bedroom-$100$1,950$1,850

Affordability — Nuway, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.4
Median Home Price$205,000
Median Household Income$43,000

Nuway, TX — ZIP Code Boundary Map

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Frequently Asked Questions