The story of this market
The typical home in ZIP 76708 sells for about $280,000, or $164 per square foot.
Prices are down 5.9% from a year ago, which gives buyers more room to negotiate. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 76708 — Waco
The 76708 housing market is currently experiencing a period of price stabilization with a median listing price of $280,000. While year-over-year prices have seen a slight decline, the strong sale-to-list ratio suggests that buyer demand remains resilient in this segment of the Waco market.
This ZIP is suitable for family buyers and commuters seeking a balance of suburban living with access to the broader Waco employment and amenity base.
Median prices moved down 5.9% year over year.
Homes spend a median of 78 days on market with 3.1 months of supply — a balanced-paced market.
22% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 14.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 76708, McLennan County TX
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).
Residents typically commute via I-35 or local arterials toward the Waco employment core.
The area features access to local parks and proximity to the Brazos River and Lake Waco recreational areas.
The rental market shows moderate demand with rents averaging approximately $1,500 per month.
The local economy is anchored by education, healthcare, and manufacturing sectors within the greater Waco area.
The area is served by major highway corridors including I-35, facilitating regional connectivity.
The McLennan County Appraisal District manages property assessments for the jurisdiction.
Parcels are subject to various taxing jurisdictions including Waco ISD and McLennan County special districts.
Property insurance premiums are influenced by regional weather patterns and hazard exposure common to Central Texas.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Waco Surf4.312.4 mi
- Camp Fimfo Waco4.52.7 mi
- Hawaiian Falls Waco43.2 mi
- Urban Air Trampoline and Adventure Park4.17.2 mi
- Chuck E. Cheese3.97.2 mi
- McLane Stadium4.77 mi
- Camp Fimfo Waco4.52.7 mi
- Waco Convention Center4.56.3 mi
- Extraco Events Center4.45.7 mi
- The Backyard Bar Stage and Grill4.46.7 mi
- Dr Pepper Museum4.46.5 mi
- Cameron Park Zoo4.65.2 mi
- Silos at Magnolia4.66.6 mi
- Waco Mammoth National Monument4.72.2 mi
- Cinemark Waco and XD4.58.7 mi
- Dr Pepper Museum4.46.5 mi
- Waco Mammoth National Monument4.72.2 mi
- Mayborn Museum Complex4.87.3 mi
- Mount Carmel Center4.213.2 mi
- Texas Ranger Hall of Fame & Museum4.77 mi
- Waco Mammoth National Monument4.72.2 mi
- Cameron Park4.84 mi
- Woodway Park4.66.8 mi
- Jacob's Ladder4.74.6 mi
- Whitehall Park4.77.6 mi
- Lake Waco Marina & RV Park4.34.8 mi
- Topgolf Waco4.18.7 mi
- Cottonwood Creek Golf Course4.38.3 mi
- Putters: Arcade - Mini Golf - Sports Bar4.46.6 mi
- Bear Ridge Golf Club3.69.9 mi
- ReadyGolf57.6 mi
- Magnolia Market4.46.6 mi
- Richland Mall4.17.2 mi
- Ross Dress for Less4.29 mi
- Homestead Heritage4.84.8 mi
- Spice Village4.66.5 mi
- Waco Regional Airport4.10.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large reservoir providing boating, fishing, and park access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.