$85,000
Land
Sarah Fox, Listing Office: Walzel Properties - Corporate Office
Is Waller, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$414,997
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$52,502(-11.2%)
Key Takeaway
Homes in Waller have sold for 11.2% less than they did a year ago.
Summary: The median home sold price in Waller was $414,997 in October 2024, down 11.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $220K | N/A |
| 2 Bedrooms | $1.0M | $183.5K | -83.0% |
| 3 Bedrooms | $362.5K | $353K | -2.6% |
| 4 Bedrooms | $501.5K | $455K | -9.3% |
| 5+ Bedrooms | $713.1K | $455K | -36.2% |
Summary: Waller housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 83%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 36.2%.
Median Sold Price Compared To Nearby Cities
| Northwest Harris | $330.8K | $347.5K | +5.1% |
| Prairie View-Waller | $375K | $378.4K | +0.9% |
| Waller | $467.5K | $414.9K | -11.2% |
Housing Supply in Waller, TX
How many homes are available in Waller, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 105 | 121 | +15.2% |
Summary: The Waller real estate market had 121 homes for sale in October 2024, a 15.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 37 | 44 | +18.9% |
| 4 Bedrooms | 46 | 48 | +4.3% |
| 5+ Bedrooms | 12 | 18 | +50.0% |
Summary: The Waller housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waller, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Waller in October 2024, down by 16.7% month-over-month. Of the 15 sold homes, 60% were sold under asking, 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 61 Days | -24.9% |
Summary: Homes in Waller had an average of 61 days on market in Oct 2024, down by 24.9% compared to last year.
Breakdown of Home Sale Times
7 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 October 2024, 15 homes were sold in Waller; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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