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Featured local agent — Wake Village, TX
Sarah Mitchell
Compass Real Estate · Wake Village, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wake Village, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$300,000median sale price
How is the Wake Village, TX housing market right now?
The median home sale price in Wake Village, TX is $300,000, up 63.0% year-over-year. Homes sell in an average of 98 days with 37 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wake Village a buyer's or seller's market?
Wake Village, TX is currently a buyer's market, based on 5.3 months of supply and homes selling in about 98 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
98
Average pace
Active listings
37
5.3 months supply
Sale-to-list
—
Below asking
What does the Wake Village housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $300,000 |
| Median list price | $322,450 |
| Year-over-year price change | +63.0% |
| Average days on market | 98 days |
| Active inventory | 37 listings |
| Months of supply | 5.3 months |
| Median price per sq ft | $144/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 8 |
| Listings with a price cut | 32.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Wake Village by property type?
How the Wake Village, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $300,000 | $144/sq ft | 7 | 98 days |
Source: Redfin · Updated monthly
The Wake Village housing market is currently classified as a buyer's market with a median sale price of $300,000. Prices have risen 63.0% compared to last year, with homes spending an average of 98 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Wake Village
There are currently 37 homes listed for sale in Wake Village, Texas. The median listing price is $322K.
Active listings
37
Homes on market
Median list price
$322K
Avg. days on market
98
Days until sale
New this week
8
Newly listed
Who lives in Wake Village?
Population
5,887
Median income
$69,796/yr
Median age
35.8 years
Owner-occupied
54.4%
College grads
28.8%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Wake Village?
Zillow home value
$206,088
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Wake Village?
Wake Village is a community of approximately 6K residents with a median age of 35.8 years.The median household income is $69,796, which represents a working-class community with solid middle-income opportunities. 28.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 54.4%, showing a blend of owner and renter-occupied properties. The average commute time is 18.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wake Village offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wake Village?
1 schools tracked · 548 students
The largest public schools serving Wake Village, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
WAKE VILLAGE EL
Grades PK-5 · 548 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wake Village, TX?
Want a head-to-head view? Compare Wake Village side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wake Village?
The median home sale price in Wake Village is $300,000, up 63.0% from last year.
How long do homes stay on market in Wake Village?
Homes typically spend 98 days on market before going under contract.
What is the median income in Wake Village?
The median household income is $69,796 per year.
Is Wake Village a buyer's or seller's market?
With 5.3 months of supply, Wake Village is currently a buyer's market.
What is the Zillow home value estimate for Wake Village?
The Zillow Home Value Index (ZHVI) for Wake Village is $206,088, representing the typical home value in the area.
How much does a single-family home cost in Wake Village?
The median single-family home price in Wake Village, TX is $300,000 (about $144 per square foot).
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