Housing · New Waverly

New Waverly, TX housing market

The typical New Waverly home is worth about $387,000, up 3.1% in a year, 29% above the Texas typical home.

Home values, sales, trends and how New Waverly compares with the towns next door — updated as new data is published.

The market right now

New Waverly at a glance

Typical home value
$387K
▲ 3.1% in a year · Zillow
Median sale price
$479K
May 2026 · Redfin
Homes sold
1
in May · 5 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

New WaverlyTexas
$150K$200K$250K$300K$350K$400K$450K 20182020202220242026 New Waverly $387K Texas $299K
Show as a table
JanuaryNew WaverlyTexas
2017$243,000$190,000
2018$247,000$202,000
2019$265,000$214,000
2020$282,000$223,000
2021$316,000$242,000
2022$371,000$286,000
2023$379,000$313,000
2024$366,000$311,000
2025$376,000$311,000
2026$383,000$303,000
August 2026$387,000$299,000
The homes

Owners, rent & taxes

Homeownership
49.4%
Median tax bill
$2,158
Median rent
$1,245
Typical home built
1980

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,310

HUD's Fair Market Rent for a two-bedroom in New Waverly is $1,310 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in New Waverly pay a median of $1,245.

1 bedroom
$1,160
a month, with utilities
2 bedrooms
$1,310
a month, with utilities
3 bedrooms
$1,760
a month, with utilities

Studio $1,010 · 4 bedrooms $2,090

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (77358; Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The door’s open

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01