Is Waller, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Waller was a Neutral Market.
Key Takeaway
Waller is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Waller, TX
How much do homes in Waller, TX cost?
Median Sold Price
$480,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Waller have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in Waller was $480,000 in April 2024, up 18.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $810K | $433.7K | -46.5% |
| 3 Bedrooms | $295.5K | $435K | +47.2% |
| 4 Bedrooms | $515K | $508K | -1.4% |
| 5+ Bedrooms | $726.2K | $580K | -20.1% |
Summary: Waller housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 46.5%, 3 bedroom homes increased by 47.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 20.1%.
Median Sold Price Compared To Nearby Cities
| Waller | $406.4K | $480K | +18.1% |
| Northwest Harris | $335.2K | $335.1K | 0% |
| Prairie View-Waller | $408K | $384.4K | -5.8% |
Housing Supply in Waller, TX
How many homes are available in Waller, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 82 | 91 | +11.0% |
Summary: The Waller real estate market had 91 homes for sale in April 2024, a 11.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 35 | 34 | -2.9% |
| 4 Bedrooms | 29 | 36 | +24.1% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Waller housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Waller, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Waller in April 2024, up by 8.3% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.
Days on Market for Waller, TX
How long does it take to sell a home in Waller, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 72 Days | 57 Days | -20.7% |
Summary: Homes in Waller had an average of 57 days on market in Apr 2024, down by 20.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waller are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Waller; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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