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Featured local agent — Woodway, TX
Sarah Mitchell
Compass Real Estate · Woodway, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Woodway, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$362,000median sale price
How is the Woodway, TX housing market right now?
The median home sale price in Woodway, TX is $362,000, down 14.8% year-over-year. Homes sell in an average of 24 days with 70 active listings. The market is currently a seller'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 Woodway a buyer's or seller's market?
Woodway, TX is currently a seller's market, based on 3.5 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
24
Average pace
Active listings
70
3.5 months supply
Sale-to-list
101.3%
Above asking
What does the Woodway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $362,000 |
| Median list price | $495,000 |
| Year-over-year price change | -14.8% |
| Average days on market | 24 days |
| Active inventory | 70 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 101.3% |
| Median price per sq ft | $179/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 23 |
| Listings with a price cut | 42.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Woodway by property type?
How the Woodway, 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 | $362,000 | $179/sq ft | 20 | 24 days |
Source: Redfin · Updated monthly
The Woodway housing market is currently classified as a seller's market with a median sale price of $362,000. Prices have fallen 14.8% compared to last year, with homes spending an average of 24 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Woodway
There are currently 70 homes listed for sale in Woodway, Texas. The median listing price is $495K.
Active listings
70
Homes on market
Median list price
$495K
Avg. days on market
24
Days until sale
New this week
23
Newly listed
Who lives in Woodway?
Population
9,483
Median income
$115,729/yr
Median age
44.1 years
Owner-occupied
91.3%
College grads
63.0%
Avg commute
17.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Woodway?
Zillow home value
$376,856
Zillow rent index
$1,793/mo
Price-to-rent ratio
17.5x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Woodway?
Woodway is a community of approximately 9K residents with a median age of 44.1 years.The median household income is $115,729, which reflects a relatively affluent area with strong earning potential. 63.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Woodway offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Woodway, TX?
Want a head-to-head view? Compare Woodway side-by-side with any other U.S. city using our market-comparison tool.
Is Woodway a good real estate investment market?
For investors evaluating Woodway, the price-to-rent ratio of 17.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 14.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Woodway's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Woodway's median home price.
Frequently asked questions
What is the average home price in Woodway?
The median home sale price in Woodway is $362,000, down 14.8% from last year.
How long do homes stay on market in Woodway?
Homes typically spend 24 days on market before going under contract.
What is the median income in Woodway?
The median household income is $115,729 per year.
Is Woodway a buyer's or seller's market?
With 3.5 months of supply, Woodway is currently a seller's market.
What is the Zillow home value estimate for Woodway?
The Zillow Home Value Index (ZHVI) for Woodway is $376,856, representing the typical home value in the area.
How much does a single-family home cost in Woodway?
The median single-family home price in Woodway, TX is $362,000 (about $179 per square foot).
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