Home prices
The value of the median home in New Waverly is $113,000. This is approximately $72,920 (39%) lower compared to the surrounding areas.Compared to the entire country it is roughly $104,500 (48%) lower, and in comparison to the city of Houston it is approximately $58,800 (34%) lower.
Rents
New Waverly's median rent is $790 per month. Compared to its surrounding areas it is roughly $346 (30%) lower.It is about $272 (25%) lower in comparison to the US as a whole, and it is approximately $251 (24%) lower compared to the city of Houston.
Nearby places
Willis
Willis is approximately 8 miles south of New Waverly. Its housing prices are significantly less expensive. The median home in Willis costs $75,900, which works out to $37,100 (48%) lower than New Waverly. Rent there is a little more expensive. Willis's median rent is $1,005 per month, which comes out to $215 (21%) higher than New Waverly.
Panorama Village
Panorama Village is approximately 11 miles south of New Waverly. Its housing prices are substantially more expensive. The median home in Panorama Village costs $191,500, which is $78,500 (40%) higher than New Waverly. Rent there is a lot more expensive. The median monthly rent in Panorama Village is $1,566, which is $776 (49%) higher than New Waverly.
Huntsville
Huntsville is approximately 13 miles north from New Waverly. Its real estate prices are a bit more expensive. Huntsville's median home price is $165,000, which works out to $52,000 (31%) higher than New Waverly. The rent there is a bit more expensive. The median rent in Huntsville is $899 a month, which comes out to $109 (12%) higher than New Waverly.
Montgomery
Montgomery is roughly 15 miles southwest from New Waverly. Housing prices there are substantially more expensive. The price of the median home in Montgomery is $309,900, which works out to $196,900 (63%) higher than New Waverly. Rent there is somewhat more expensive. In Montgomery the median rent is $1,123 a month, which comes out to $333 (29%) higher than New Waverly.
Conroe
Conroe is approximately 16 miles south of New Waverly. The real estate prices there are substantially more expensive. The median home in Conroe is valued at $187,300, which is $74,300 (39%) higher than New Waverly. Rents there are a little more expensive. In Conroe the median rent is $1,085 a month, which works out to $295 (27%) higher than New Waverly.