Waco - TX housing market
The Waco metro has a typical home value of $256,772, down 0.8% from a year ago. Homes sell in 32 days on average - a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($256,772) is the Zillow Home Value Index for the Waco - TX metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 0.8% over the past year. A home worth $258,843 last year is now worth roughly $256,772.
The median sale price , what homes actually close for , is $285,079. Homes are selling at 96.5% of list price, meaning buyers have room to negotiate.
Homes listed in Waco - TX sit on the market for roughly 32 days before going pending. Shorter = seller's market; longer = buyer's market.
About 26.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 382 new listings hit the market each month in Waco - TX. There are currently 1,582 homes for sale, up 7.4% from a year ago.
The typical monthly rent in Waco - TX is $1,404, up 1.0% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $366,823 | -3.3% | 24.0d |
| Houston - TX | $308,306 | -2.0% | 33.0d |
| San Antonio - TX | $280,297 | -1.9% | 38.0d |
| Austin - TX | $428,524 | -6.0% | 41.0d |
| McAllen - TX | $193,978 | +0.6% | 79.0d |
| El Paso - TX | $232,910 | +1.6% | 33.0d |