Is Waller, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waller is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Waller was a Seller's 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

$376,990

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$87,825(-18.9%)

Key Takeaway

Homes in Waller have sold for 18.9% less than they did a year ago.

Summary: The median home sold price in Waller was $376,990 in November 2024, down 18.9% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $620K$220K
-64.5%
2 $775K$185K
-76.1%
3 $402.4K$346K
-14.0%
4 $449.3K$407.5K
-9.3%
5+ $640K$449.9K
-29.7%

Summary: Waller housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.5%, 2 bedroom homes decreased by 76.1%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 29.7%.

Median Sold Price Compared To Nearby Cities

Northwest Harris
+3.0%
Prairie View-Waller
-0.6%
Waller
-18.9%

Housing Supply in Waller, TX

How many homes are available in Waller, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
108118+9.3%

Summary: The Waller real estate market had 118 homes for sale in November 2024, a 9.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 97
-22.2%
3 3850
+31.6%
4 4546
+2.2%
5+ 1514
-6.7%

Summary: The Waller housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waller, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Waller in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% 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

Nov 2023Nov 2024CHANGE
72 Days70 Days-3.9%

Summary: Homes in Waller had an average of 70 days on market in Nov 2024, down by 3.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Waller are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Waller; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Waller, TX

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