Waco - TX housing market
The Waco metro has a typical home value of $250,105, up 0.4% from a year ago. Homes are sitting 47 days on average, buyers have negotiating room. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.
Waco housing market, October 2026
The typical Waco home is worth $250,105 as of September 2026, up 0.0% from the prior month, up 0.1% over three months, and up 0.4% from a year ago. Over the past two years values have ranged from $248,756 to $253,442.
Homes are going pending in about 47 days, slower than the 32 days seen three months earlier. There are roughly 1,611 homes for sale, 6% fewer than a year ago. 27.3% of listings have taken a price cut (down from 28.5% three months ago).
Typical rent is $1,419 a month, up 2.1% year over year, which puts the price-to-rent ratio at 14.7.
At this week's 7.40% mortgage rate with 20% down ($50,021), the typical Waco home costs about $1,698 a month including tax and insurance, which needs a household income of roughly $72,800 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($250,105) 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 up 0.4% over the past year. In Waco - TX, that means a home worth $249,109 last year is now worth roughly $250,105.
The median sale price, what homes actually close for, is $268,743. Homes are selling at 96.8% of list price, meaning buyers have room to negotiate.
Homes listed in Waco - TX sit on the market for roughly 47 days before going pending. Shorter = seller's market; longer = buyer's market.
About 27.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 311 new listings hit the market each month in Waco - TX. There are currently 1,611 homes for sale, down 5.5% from a year ago.
The typical monthly rent in Waco - TX is $1,419, up 2.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.7x, buying territory (#153 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,385 a month in principal and interest, $34 less than renting before taxes, insurance and upkeep. The two break even at a 7.65% rate.
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.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $358,242 | -2.0% | 38.0d |
| Houston - TX | $302,832 | -1.8% | 45.0d |
| San Antonio - TX | $273,806 | -1.9% | 53.0d |
| Austin - TX | $414,273 | -4.3% | 60.0d |
| McAllen - TX | $188,971 | -0.4% | 69.0d |
| El Paso - TX | $233,011 | +2.5% | 32.0d |