Waco, TX housing market
What's happening in the Waco market right now.
Buyer's or seller's market?
Waco, TX leans toward a buyer's market: homes in McLennan County take a median of 70 days to sell, and the number for sale is +0.9% on a year ago. Buyers have room to negotiate; sellers should price carefully.
12-month outlook
−2.5% to +1.5% for the typical Waco home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, August 2026 · Zillow Observed Rent Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for McLennan County as a whole.
Waco market — questions answered
What is the typical home value in Waco, TX?
$197,932 as of August 2026, −1.3% on a year earlier (Zillow Home Value Index).
Are home prices going up in Waco, TX?
No — the typical home value changed −1.3% over the year to August 2026 and +14% over five years.
Is Waco, TX a buyer's or seller's market?
It leans toward buyers: the median home in McLennan County sells in 70 days (Realtor.com, August 2026).
How much is rent in Waco, TX?
The typical rent is $1,363 a month as of August 2026, +0.3% on a year earlier (Zillow Observed Rent Index).
How many homes are for sale in Waco, TX?
1,416 homes were listed for sale across McLennan County in August 2026 (Realtor.com).
Who are the best real estate agents in Waco, TX?
Homegrity lists 1,055 licensed Waco agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/waco.