| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $309,225 | -2.8% YoY |
| Median price per sq ft | $179 | 1,804 sq ft median |
| Median days on market | 78 | -18% YoY |
| Active listings | 1,642 | +5% YoY |
| New listings this month | 320 | September 2026 |
| Listings with a price cut | 19% | Share of active |
| Median sale price (closed) | $282,750 | -5.8% YoY · closed sales, July 2026 |
| Sale-to-list ratio | n/a | Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio |
| Pending-to-active ratio | 23.8% | 391 pending |
| Inventory vs 2019 | 196% | Active listings vs same month in 2019 |
| Gross rental yield | 4.7% | 2BR fair market rent |
Metropolitan market · Texas · September 2026 data
What is the Waco, TX real estate market doing?
As of September 2026, the median home listed in Waco, TX asks $309,225, down 2.8% year over year. Homes spend a median of 78 days on market, with 1,642 active listings and 19% carrying a price cut; pending contracts equal 24% of active listings, and inventory sits at 196% of the same month in 2019 — a buyer's market. Estimated gross rental yield on the median listing is 4.7%. Figures come from public records and industry data, updated monthly.
Median listing price
$309,225
▼ 2.8% YoY
Median $ / sq ft
$179
1,804 sq ft median
Median days on market
78
September 2026
Active listings
1,642
For sale now
New listings
320
September 2026
Listings with price cuts
19%
Share of active
Inventory vs 2019
196%
Same month, 2019 = 100
Pending / active
24%
Contract activity
Median sale price (closed)
$282,750
▼ 5.8% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
254
Closed sales · July 2026, seasonally adjusted
What is the Waco, TX housing market doing right now?
The Waco, TX housing market lists at a $309,225 median as of September 2026, down 2.8% year over year, with a 78-day median market time and 1,642 homes for sale (19% with a price cut). Active inventory is 196% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.7%.
Waco housing market statistics
The table summarizes Waco's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Waco.
How have home prices changed in Waco?
Waco home prices are down 2.8% year over year and +1.1% month over month as of September 2026, at a $309,225 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Waco TX · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Waco TX · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Waco?
Waco has 1,642 active listings, 320 new this month, 391 pending as of September 2026. About 19% of active listings have cut their price, and inventory sits at 196% of its 2019 level — a buyer's market by pace.
Is Waco a good real estate investment?
Waco scores 46/100 on WealthyBud's composite Investor Score, ranking #537 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
46/100
#537 of 933 covered metros
Price volatility
Medium
σ 5.6% · 20-yr price-index swings
Waco scores 46/100 on our composite Investor Score (#537 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 50% over five years and +111% over ten, leaving prices 47% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,208/mo for a two-bedroom, the gross rental yield on the median listing is about 4.7%; active inventory sits at 196% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 2.8% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Waco ranks on the trending markets index.
How much is a monthly mortgage payment in Waco?
A home at Waco's $309,225 median listing runs about $1,693 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$1,528/mo
−$165/mo vs today
At today's rate · 7.28%
$1,693/mo
National weekly average
If rates rise 1% · 8.28%
$1,864/mo
+$171/mo vs today
Principal & interest on the $309,225 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Waco?
To buy Waco’s $309,225 median listing with 20% down, a household needs about $89,000 a year in gross income, keeping principal, interest and property tax ($2,066/mo) at 28% of income. That is 1.4× the area’s $63,880 median household income, so a typical Waco household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $309,225 | September 2026 |
| Down payment (20%) | $61,845 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $1,693/mo | Rate as of 2026-10-01 |
| Property tax (1.45% effective rate) | $374/mo | Census ACS |
| Income needed (28% rule) | $89,000 | Gross household income / yr |
| Median household income | $63,880 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Waco housing market?
Longer-run demand in Waco shows up in 1,458 homes permitted in 2025; net migration of +739 residents; +0.6% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
1,458
▲ 41.1% vs 2024
4.9 per 1,000 residents
Net migration (2022–2023)
+739
▲ people, via tax-return records
net income flow +$66.0M/yr
Job growth (YoY)
+0.6%
▲ 142.9k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadWaco housing market FAQ
What is the median home price in Waco?
As of September 2026, the median listing price in Waco, TX is $309,225, down 2.8% year over year (source: public records and industry data). Figures cover the Waco, TX metro area.
How much does it cost to buy a home in Waco?
The median home listed in Waco asks $309,225 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,693 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Waco?
The median property in Waco spends 78 days on the market, with 1,642 homes actively listed and 19% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Waco?
With a median 78 days on market and 19% of active listings carrying a price cut, pending contracts at 24% of active listings, Waco reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Waco a good place to invest in real estate?
Waco scores 46/100 on WealthyBud's Investor Score, ranking #537 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Waco?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Waco and the wider Texas market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Waco, TX metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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