The story of this market
The typical home in Waco, Texas sells for about $282,000, or $166 per square foot.
Prices are up +3.6% from a year ago, so sellers still have some momentum. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,240 a month.
Monthly price momentum
Home values since 2015
+1.1%
TX · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Waco, Texas
Waco's housing market remains stable with a median sale price hovering around $282,000 and steady year-over-year growth. The market is supported by significant residential development and a diverse economic base, though some city-level metrics like median household income and specific tax rates were not available in current reports. Overall, the city continues to benefit from its strategic location and ongoing urban revitalization efforts.
No ARED county foreclosure postings attributed to Waco yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Deterministic aggregate of 13 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 3.4% year over year.
Homes spend a median of 70 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 2.05% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
- Waco Surf4.38.6 mi
- Camp Fimfo Waco4.53.7 mi
- Hawaiian Falls Waco43.3 mi
- Urban Air Trampoline and Adventure Park4.14.3 mi
- Chuck E. Cheese3.94 mi
- McLane Stadium4.70.8 mi
- Camp Fimfo Waco4.53.7 mi
- Waco Convention Center4.50.2 mi
- Extraco Events Center4.43.6 mi
- The Backyard Bar Stage and Grill4.40.5 mi
- Dr Pepper Museum4.40.2 mi
- Cameron Park Zoo4.61.3 mi
- Silos at Magnolia4.60.3 mi
- Waco Mammoth National Monument4.74.4 mi
- Cinemark Waco and XD4.53.9 mi
- Dr Pepper Museum4.40.2 mi
- Waco Mammoth National Monument4.74.4 mi
- Mayborn Museum Complex4.80.9 mi
- Mount Carmel Center4.28.7 mi
- Texas Ranger Hall of Fame & Museum4.70.6 mi
- Waco Mammoth National Monument4.74.4 mi
- Cameron Park4.82.4 mi
- Woodway Park4.66.6 mi
- Jacob's Ladder4.71.8 mi
- Whitehall Park4.75.8 mi
- Lake Waco Marina & RV Park4.36.2 mi
- Topgolf Waco4.13.9 mi
- Cottonwood Creek Golf Course4.34 mi
- Putters: Arcade - Mini Golf - Sports Bar4.40.2 mi
- Bear Ridge Golf Club3.610.1 mi
- Battle Lake Golf Course4.213.7 mi
- Magnolia Market4.40.3 mi
- Richland Mall4.14.6 mi
- Ross Dress for Less4.24.4 mi
- Homestead Heritage4.87.7 mi
- Spice Village4.60.1 mi
- Waco Regional Airport4.16.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A massive urban park featuring trails, river access, and scenic bluffs that serves as a primary recreational hub for the city.
A major regional zoo located within Cameron Park, providing significant educational and tourism value to the city.
A nationally recognized retail and dining destination that has become a primary driver of tourism and downtown economic activity.
A historic landmark and museum celebrating the city's heritage as the birthplace of Dr. Pepper, attracting visitors and residents alike.
The river serves as a central geographic and recreational feature, with ongoing efforts to enhance riverfront access and development.
Waco is well-suited for family buyers, young professionals, and retirees seeking relative affordability compared to larger Texas metros. Its strategic location along the I-35 corridor and ongoing urban revitalization make it an attractive option for those looking for long-term living and investment opportunities.
The city is positioned along the I-35 corridor, which serves as the primary highway artery for regional connectivity and commuting. Infrastructure expansion, including the Highway 84 corridor, is a key focus for supporting the city's growth.
Waco offers a diverse amenity base including the Brazos River, Cameron Park, and the Cameron Park Zoo, which serve as major recreational anchors for the city. The downtown area has seen significant revitalization, complemented by attractions like the Dr. Pepper Museum and the Magnolia Market at the Silos.
The rental market is characterized by stable performance with an average rent of $1,240 per unit and a 9.1% vacancy rate as of Q1 2026. While the market has seen moderate softening, it continues to outperform larger Texas metros due to its lower cost of living and diverse renter base.
Waco's economy is anchored by Baylor University and major healthcare systems, supported by a diverse industry mix that has fostered steady growth. The city's strategic location along the I-35 corridor continues to attract business investment and residential development.
Waco benefits from steady residential growth and ongoing infrastructure investment, with major development activity concentrated along the Highway 84 corridor and in west Waco. The city is anchored by institutions like Baylor University and significant healthcare systems, which provide a stable economic foundation.
Development is active with over 5,000 single-family units in the pipeline and 1,000 units receiving building permits this year. Growth is specifically targeted in the Highway 84 corridor, the Richie Road area, and the China Spring area.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Data retrieved from U.S. Census Bureau QuickFacts.