Take a 2,889-square-foot new home on Scarlet Sage Drive in Myrtle Creek, on Waxahachie's growing edge. Its builder priced it at $479,656, then marked it down to $399,999. At that price, it costs about $138 per square foot.
In September 2026, the median Waxahachie single-family home sold through the regional MLS went for $173.77 per square foot. That gap of roughly $35 a foot explains most of what this fall's Waxahachie numbers seem to say on the surface. The headline median rose. The price of a square foot did not. Buyers here are paying more because they're buying more house, and a steady supply of discounted new construction makes it hard for any home, resale or new, to charge more per foot.
The September numbers, read across instead of down
The North Texas Real Estate Information System's September 2026 summary, produced by the Texas Real Estate Research Center at Texas A&M and dated October 7, 2026, puts Waxahachie's single-family figures beside the same month a year earlier.
| Waxahachie, single-family | September 2025 | September 2026 |
|---|---|---|
| Closed sales | 70 | 72 |
| Median price | $367,500 | $374,995 |
| Average price | $380,235 | $413,670 |
| Median price per sq. ft. | $175.45 | $173.77 |
| Sold-to-list price | 93.5% | 94.8% |
| New listings | 95 | 114 |
| Active listings | 335 | 297 |
| Pending sales | 58 | 52 |
| Days on market | 95 | 64 |
| Months of inventory | 5.6 | 4.1 |
If you only look down the price column, Waxahachie seems to be climbing. The median rose about 2% and the average rose almost 9%. The per-square-foot row tells you whether a buyer actually paid more for the same amount of home, and it slipped by a little under two dollars.
There's one more clue in the table. The average rose more than four times as fast as the median. When that happens, the middle of the market is holding steady while some larger, higher-priced sales pull the average up. Combined with a lower price per foot, the likeliest reading for September 2026 is that Waxahachie buyers bought bigger homes at about the same, or a slightly lower, price per foot.
Faster sales, same price per foot
The rest of the table shows a market that got easier for sellers in one respect. Active listings dropped from 335 to 297. Months of inventory fell from 5.6 to 4.1. Typical days on market dropped from 95 to 64, and sellers got 94.8% of their list price, up from 93.5%.
Normally, fewer listings and quicker sales would push per-foot prices up. In Waxahachie they haven't, and the reason lies partly outside the MLS. NTREIS notes that its report includes new and existing homes sold through the MLS and leaves out builder sales that never pass through it. So the competitor a Waxahachie resale faces most directly, a new home on the edge of town, often doesn't show up in the data used to price that resale.
For a resale seller, the tighter market means a reasonably priced home now sells sooner and closer to its asking price. It doesn't mean buyers will accept a higher price per foot, because they can drive ten minutes to a model home and see a lower one.
The per-foot benchmark a resale home has to meet
Two master-planned communities set much of that benchmark this fall.
Myrtle Creek has a long builder lineup. Its community site lists Impression Homes, Perry Homes, Coventry Homes, UnionMain Homes, Risewell Homes, David Weekley Homes and Highland Homes. Advertised starting points vary widely:
- Impression Homes lists its Albany plan from $328,990 at 1,491 square feet, about $221 per foot. Its marked-down Phoenix plan at 741 Scarlet Sage Drive works out to about $138 per foot.
- UnionMain Homes lists its Belton plan from $452,990 at 2,224 square feet, about $204 per foot.
- David Weekley Homes lists plans from $415,990, with plan sizes starting at 2,407 square feet.
Dove Hollow covers a similar range. Centre Living Homes is selling Phase III plans from $384,900, with plans from 2,147 to 3,444 square feet. Trophy Signature Homes lists $392,990 to $474,990 for 2,002 to 3,609 square feet. Highland Homes shows a 2,822-square-foot quick move-in home at $600,000.
Small new plans can run well above the city's resale median per foot. Larger new homes, and inventory homes a builder wants to close, can come in far below it. That second group is the one that holds resale prices down. A buyer looking at a 2,800-square-foot resale is the same buyer a 2,889-square-foot new home at $399,999 is trying to win.
Incentives are the other half of the comparison. Impression's "Home for the Holidays" event advertises up to $100,000 in incentives. The offer includes up to $10,000 toward closing costs, price reductions on select homes, and a first-year rate buydown as low as 2.99%. Its terms run October 5 through October 31, 2026, with restrictions and lender conditions. David Weekley advertises a 7% flex-dollar offer on select Dallas-Fort Worth homes bought between July 1 and December 31, 2026. Trophy Signature promotes 3.25% rates and free appliances, and Highland has a "$20K Goes A Long Way" promotion. Neither of their community pages shows an end date.
None of these incentives appear in a resale comp. A builder's price cut or rate buydown changes the monthly payment a buyer compares against, even though the MLS never records it. Builder pricing and incentives change often, sometimes weekly, so whatever you see on a model home sign this week is the version that counts.
Most of the new supply hasn't arrived yet
The builder pricing above comes from communities already selling. The largest addition to Waxahachie's housing supply hasn't started selling yet.
In its January 29, 2026 announcement, Minto Communities USA described a 3,170-acre master-planned community west of I-35E with 13,270 planned homes. That announcement counted 1,400 multifamily units, along with 1.2 million square feet of mixed-use commercial space and 400 acres of open space. In a February 23 release, Minto said City Council approved the project on January 28, that it closed on the land on February 20, and that it expected development to start in late 2026. That later release still describes 13,270 homes but lists 750 multifamily units, plus 1.2 million square feet of retail and commercial space, across an Active Adult neighborhood and a traditional community.
At the council's June 1, 2026 meeting, a Minto representative said land division and annexation had begun. The representative described commercial infrastructure, traditional single-family development and a first active-adult phase. The Waxahachie Sun called it the largest development in Waxahachie history, on land west of I-35 and south of FM 875.
To put the size in perspective, NTREIS recorded 72 single-family closings in Waxahachie in September 2026. A pipeline measured in thousands of homes will add new-construction competition for years. Builders working to sell a phase tend to compete on price per foot and incentives, which is the same pressure already holding Waxahachie's per-foot number flat.
How the community's costs will be funded
The Minto plan also changes how the community's infrastructure gets paid for, and that will matter to future buyers there. According to the Waxahachie Sun, the council dissolved the Emory Lakes Public Improvement District on June 1 as part of the Kemp Ranch Development Agreement approved in January. That dissolution was required so the developer, Minto KR LLC, could set up a municipal management district in its place. The Sun reports that PIDs charge an improvement assessment and are run by local governments, while MMDs are independent entities with their own boards that levy local property taxes.
When homes in the Minto community start selling, the advertised price will be only part of the cost. Comparing it with a resale in an established Waxahachie neighborhood, or with a new home in Myrtle Creek or Dove Hollow, will mean comparing the full tax and assessment structure attached to each address, too. This is general information, not legal, tax or financial advice. Confirm how a specific property's district, rates and any financing incentive apply to you with a qualified tax professional, attorney or lender.
Quick answers
Did Waxahachie home prices go up in September 2026? The median rose to $374,995 from $367,500 a year earlier, and the median price per square foot dipped to $173.77 from $175.45, according to NTREIS. The higher median mostly reflects larger homes selling, not more expensive square footage.
Is Waxahachie a buyer's or seller's market right now? As of September 2026, inventory had tightened to 4.1 months from 5.6, and homes sold in 64 days instead of 95. Well-priced resales now move faster. Builder incentives still give buyers room to negotiate on the overall cost.
Do the MLS numbers include new-home sales? They include new and existing homes sold through the MLS and leave out builder sales made outside it.
When will homes in the Minto community be available? Minto's most recent published timeline points to a late-2026 start of development, followed by a multi-year buildout.
If you're weighing a Waxahachie resale against a new build in Myrtle Creek or Dove Hollow, the price per foot and the incentives behind it will tell you more than the median. The Royal Group can put both side by side for the homes you're considering and show what each one would cost you per foot and per month. Schedule a Consultation Today.
