Why Live in Woodway
Woodway, a suburb of Waco, has grown from a small community to a desirable area with a population of 9,000. Known for its top-rated Midway Independent School District, which includes Midway High, the neighborhood attracts families seeking quality education. The area offers various attractions, including Lake Waco, which provides opportunities for fishing, picnicking, and hiking. Lakeside Park features a boat ramp and a disc golf course, while Bear Ridge Golf Club offers an 18-hole course nearby. The Carleen Bright Arboretum, known as "the jewel of Woodway," boasts botanical gardens, a meditation grove, and a butterfly habitat, hosting events like a monthly farmers market.
Woodway's housing market features a range of options, from single-family homes starting at $250,000 to luxury properties near Lake Waco, though these may come with higher insurance premiums due to flood risks. The area is also prone to tornadoes, with a higher risk than the national average. Despite these concerns, Woodway's crime rate is lower than the national average, particularly in terms of violent crime.
Conveniently located, Woodway is just 5 miles from downtown Waco and 10 miles from Waco Regional Airport. The Route 84 corridor, also known as Woodway Drive, is lined with shopping centers, big-box stores, and restaurants, with Richland Mall less than a mile away. The neighborhood is part of the Central Texas Bible Belt, with several churches serving the community. While the City of Waco Landfill is currently operational in Woodway, it is expected to close by the end of 2025.
Home Trends in Woodway, TX
On average, homes in Woodway, TX sell after 88 days on the market compared to the national average of 50 days. The median sale price for homes in Woodway, TX over the last 12 months is $389,900, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$389,900
Median Single Family Sale Price
$399,100
Average Price Per Sq Ft
$187
Number of Homes for Sale
116
Last 12 months Home Sales
379
Median List Price
$425,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
0%