Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

New Waverly

Learn about the people, housing, costs and businesses in New Waverly, Texas

Median Home$208,364
Median Rent$937/month
Population1,025
Leading IndustriesTransportation · Public Administration · Finance & Insurance5% transportation
Home Value Growth+10.3% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners77% of occupied units
New Waverly
TX

Frequently Asked Questions

What are today's mortgage rates in New Waverly?

As of today, the 30-year fixed mortgage rate for New Waverly is approximately 6.852% (6.886% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for New Waverly
What is the median home price in New Waverly?

The median home value in New Waverly is $208k. The median monthly rent is $937. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Waverly?

Home values in New Waverly have increased 10.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in New Waverly?

Based on a typical all-in ownership cost of $687/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Waverly is $54k/year.

Calculate your buying power
What industries drive the economy in New Waverly?

The largest employment sectors in New Waverly are public administration (33%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.