New Waverly, TX—77358
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Waverly, TX
As of Oct '25, the median home price in New Waverly, TX is $373,000, with a year-over-year change of 1.1%. This indicates that home prices in New Waverly, TX are increasing. According to Zillow, the 1-year price projection is -0.6%, 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 | 1.2% |
| Single Family | $373,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $220,000 | -1.8% |
3 Bed | $347,000 | 1.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Waverly, TX
As of July '25, Rentcast reports the average rent in New Waverly, TX is $1,750, with a year-over-year rent change of 43.4%. Per bedroom, the median rent as of July '25 in New Waverly, TX is 2-bedrooms: $1,600, 3-bedrooms: $2,200. The most common rental property sizes in New Waverly, TX are 2-bedroom and 1-bedroom, accounting for 54.3% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,250 | $1,600 |
| 3 Bed Rent | $1,650 | $2,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Waverly, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in New Waverly, TX is 57. This is a decrease of -19.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $570,000 | 27.0% |
Listing Count | 38 | 105.0% |
| Listings as % of Homes | 0.3% | 105.0% |
Days on Market | 57 | -19.0% |
Demographics — New Waverly, TX
As of the latest ACS Survey released in 2023, New Waverly, TX has a population of 5,560, which has increased by 1.6% over the past 5 years. New Waverly, TX is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,560 | 1.6% |
% Under 18 | 23.1% | -22.0% |
% Seniors | 14.3% | -16.4% |
% WFH | 3.7% | 23.3% |
% w/ College Degree | 18.9% | 89.0% |
As of the latest ACS Survey released in 2023, New Waverly, TX is a predominantly white area, with 70.2% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in New Waverly, TX is black, making up 13.0% of the population. Foreign-born residents account for 4.5% of the population in New Waverly, TX, and this percentage has increased by 309.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.2% | -6.9% |
% Black | 13.0% | -27.4% |
% Hispanic | 12.7% | 126.8% |
% Asian | 1.2% | 300.0% |
% Foreign Born | 4.5% | 309.1% |
Mortgage and Risk — New Waverly, TX
New Waverly, TX lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — New Waverly, TX
New Waverly, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 51 |
Total Units Section 8 | 51 |
% Rentals under Section 8 | 9.6% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | -$50 | $1,250 | $1,200 |
| 3 Bedroom | -$100 | $1,650 | $1,550 |
| 4 Bedroom | N/A | N/A | $1,960 |
Affordability — New Waverly, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $373,000 |
| Median Household Income | $79,000 |