The story of this market
The typical home in ZIP 76714 sells for about $275,000, or $174 per square foot.
Prices are down 8.3% from a year ago, which gives buyers more room to negotiate. Homes take about 70 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,400 a month.
ZIP 76714 — Waco
The Waco housing market is currently experiencing a cooling phase with median prices declining year-over-year and elevated inventory levels. High mortgage rates and a significant share of price reductions suggest a shift toward a buyer-favored environment. Figures provided reflect a mix of ZIP-specific and Waco MSA-level data where granular ZCTA metrics were unavailable.
Median prices moved down 8.3% year over year.
Homes spend a median of 70 days on market with 32.9 months of supply — a slower-moving market.
49% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 18.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 76714, 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).
Data retrieved from data.census.gov ZCTA-level tables.
- Waco Surf4.312.7 mi
- Camp Fimfo Waco4.54.5 mi
- Hawaiian Falls Waco44.7 mi
- Urban Air Trampoline and Adventure Park4.10.9 mi
- Chuck E. Cheese3.91 mi
- McLane Stadium4.74.8 mi
- Camp Fimfo Waco4.54.5 mi
- Waco Convention Center4.54.1 mi
- Extraco Events Center4.40.6 mi
- The Backyard Bar Stage and Grill4.43.8 mi
- Dr Pepper Museum4.44 mi
- Cameron Park Zoo4.63.9 mi
- Silos at Magnolia4.63.9 mi
- Waco Mammoth National Monument4.75.4 mi
- Cinemark Waco and XD4.52.9 mi
- Dr Pepper Museum4.44 mi
- Waco Mammoth National Monument4.75.4 mi
- Mayborn Museum Complex4.84.7 mi
- Mount Carmel Center4.212.7 mi
- Texas Ranger Hall of Fame & Museum4.74.6 mi
- Waco Mammoth National Monument4.75.4 mi
- Cameron Park4.84.2 mi
- Woodway Park4.62.6 mi
- Jacob's Ladder4.74.1 mi
- Whitehall Park4.71.9 mi
- Lake Waco Marina & RV Park4.33 mi
- Topgolf Waco4.12.9 mi
- Cottonwood Creek Golf Course4.32.3 mi
- Putters: Arcade - Mini Golf - Sports Bar4.44.2 mi
- Bear Ridge Golf Club3.66 mi
- ReadyGolf54.4 mi
- Magnolia Market4.43.9 mi
- Richland Mall4.11 mi
- Ross Dress for Less4.23 mi
- Homestead Heritage4.89.7 mi
- Spice Village4.64.1 mi
- Waco Regional Airport4.16.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.