Waco - TX housing market
The Waco metro has a typical home value of $258,697, down 0.6% from a year ago. Homes sell in 32 days on average, a balanced market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($258,697) 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 0.6% over the past year. A home worth $260,259 last year is now worth roughly $258,697.
The median sale price , what homes actually close for , is $281,707. Homes are selling at 96.9% 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 28.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 378 new listings hit the market each month in Waco - TX. There are currently 1,606 homes for sale, up 2.2% from a year ago.
The typical monthly rent in Waco - TX is $1,430, 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 | $366,701 | -3.0% | 25.0d |
| Houston - TX | $308,933 | -2.1% | 33.0d |
| San Antonio - TX | $280,370 | -1.9% | 37.0d |
| Austin - TX | $426,944 | -5.7% | 45.0d |
| McAllen - TX | $194,546 | +0.4% | 83.0d |
| El Paso - TX | $233,297 | +1.7% | 30.0d |