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Woodway, TX Housing Market
As of January 2025, home prices in Woodway, TX saw a significant decline of 31.6% compared to the previous year, bringing the median sale price down to $373K. Homes are also spending more time on the market, selling after an average of 65 days, up from 45 days last year, indicating a potential shift in buyer demand. However, home sales have slightly increased, with 10 properties sold this January, compared to 8 in the same period last year. This suggests that while prices have dropped, buyers may be taking advantage of more affordable opportunities in the area.
In January 2025, homes in Woodway, TX sold for an average of 6.64% above the asking price, indicating strong buyer competition despite the recent price decline. On average, properties spent 65 days on the market, and the median days on market trend has decreased compared to last month and slightly from last year. This suggests that while prices have adjusted, demand remains steady, with well-priced homes attracting competitive offers.
As of January 2025, Woodway, TX is experiencing a buyer’s market, meaning the supply of homes exceeds buyer demand. While homes are still selling above asking price on average, the overall price drop suggests that sellers may be adjusting expectations to attract buyers. With properties spending more time on the market, buyers have more negotiating power and a greater selection of homes to choose from, making it an opportune time to invest in Woodway real estate.
Looking to buy a home in Woodway or Hewitt, TX? Whether you have questions about the market, available properties, or financing options, our expert team is here to help! Take advantage of current opportunities and find the perfect home for your needs. Reach out today and let’s get started!
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Cate is a dynamic, performance-driven, goal-oriented professional with 10+ years of experience in the areas of leadership, sales, marketing and real estate. Allison, being raised in the Real Estate business is what gives her the passion behind what she does.
