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Featured local agent — Westway, TX

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Westway, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Westway, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Westway, TX Housing Market

Strong seller's market+5.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Westway, TX is worth $176,004, rose 5.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $224,975, +13.1% year over year (through May 2026). With 1.5 months of supply and homes going under contract in about 14 days, Westway is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $176,004 home is about $940/mo in principal and interest.

Key numbers for Westway, TX

Typical home value

$176,004

+5.7% in 12 months

Zillow, August 2026

Median sale price

$224,975

+13.1% year over year

Redfin, through May 2026

Days on market

14

Fast-moving

Redfin, through May 2026

Active listings

3

1.5 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$34,115

Home costs 5.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.9%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Westway a buyer's or seller's market?

Strong seller's market1.5 months of supply14 days on market100.9% of asking

Westway, TX is a strong seller's market, based on 1.5 months of supply and homes selling in about 14 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Westway housing market data show?

Every row below is Redfin's final published month for Westway, TX. Redfin, through May 2026

Housing market statistics for Westway, TX, Redfin through May 2026
MetricValue
Median sale price$224,975
Year-over-year price change+13.1%
Median price per sq ft$140/sq ft
Median days on market14 days
Active inventory3 listings
Months of supply1.5 months
Sale-to-list price ratio100.9%
Homes sold (that month)2
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Westway is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Westway is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Westway home prices moved?

Across the 27 months we hold for Westway, TX, the median sale price rose 152.8%, from $89,000 in April 2021 to $224,975. The live Zillow value series has rose 5.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 1.5 months while the sale-to-list ratio slips below its current 100.9%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Westway?

Priced off the typical home value of $176,004 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Westway, TX
Down paymentCash at closeLoan amountMonthly P&I
20%$35,201$140,803$940/mo
5%$8,800$167,204$1,116/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $940, that implies roughly $40,269 a year before you add taxes and insurance. The median household in Westway earns $34,115, about $6,154 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Westway in the next 12 months?

Tell us your timeline. We send the Westway market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Westway?

Zillow does not publish a rent index (ZORI) for Westway, TX, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Westway?

Active listings in Westway, TX went from 20 in March 2024 to 3 in May 2026, a -85.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Westway, TX
MonthActive listingsNew listings
April 2024102
May 202451
June 20245not published
July 202431
August 202442
October 20242not published
November 20242not published
March 202541
May 20254not published
July 202551
November 20252not published
May 20263not published

Redfin, through May 2026

How does Westway compare to Texas and the U.S.?

Westway homes sell for $224,975 — 37% below the Texas median of $356,100. Against the national median of $410,700, Westway runs 45% lower. Year-over-year, Westway moved +13.1% against Texas's +2.1% — a bigger swing than the state as a whole.

Westway, TX compared with Texas and the United States
MarketMedian sale priceYoYDays on market
Westway, TX$224,975+13.1%14 days
Texas statewide$356,100+2.1%56 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Westway

What buyers should watch

  • Months of supply, currently 1.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The gap between 5% and 20% down here is $176 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $176,004 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Westway listing goes under contract in 14 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.9% of asking. Price at the number you want and let competition do the rest.
  • Your equity moved +5.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Westway varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Westway

There are currently 3 homes listed for sale in Westway, Texas.

Active listings

3

Homes on market

Avg. days on market

14

Days until sale

Sale-to-list:100.9%

How much do homes cost in Westway by property type?

How the Westway, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Westway, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$224,975$140/sq ft214 days

Who lives in Westway?

American Community Survey estimates for Westway. U.S. Census ACS, 2023

Population

3,515

Households

1,163

Median income

$34,115/yr

Median age

40.8 years

Owner-occupied

72.1%

Median home value

$86,700

Median gross rent

$1,083/mo

Mean commute

22.4 min

72.1% of occupied homes in Westway are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $86,700 against Zillow's $176,004 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which cities are near Westway, TX?

Ordered by distance from Westway, not by size. Compare Westway side by side with any of them.

Westway housing market FAQ

Is Westway a buyer's or seller's market?

Westway, TX is currently a strong seller's market. That read comes from 1.5 months of supply, homes going under contract in about 14 days, and sellers getting 100.9% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Westway?

The typical home in Westway, TX is worth $176,004 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $224,975, about $140 per square foot.

Is Westway cheaper than the rest of Texas?

Westway's median sale price of $224,975 is 37% lower than the Texas statewide median of $356,100, and 45% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Westway?

Homes in Westway, TX spent a median of 14 days on market before going under contract, versus 56 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Westway?

At the current 30-year fixed rate of 7.03%, 20% down on a $176,004 home is about $940 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $40,269 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $34,115.

Are home prices rising in Westway?

The typical home value in Westway, TX rose 5.7% over the last 12 months, from $166,525 to $176,004 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Westway?

Westway ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Westway?

That depends on your timeline, not on a headline. What the data says today: Westway, TX is a strong seller's market with 1.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $176,004, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.