Housing Prices in Waco, TX

How much do homes in Waco, TX cost?

Median List Price

$264,500

$173/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$28,005(+11.8%)

Key Takeaway

The list price of homes in Waco has increased by 11.8% since last year.

Summary: The median home list price in Waco was $264,500 in March 2024, up 11.8% from the previous year, and the median price per square foot was $173.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $280K$260K
-7.1%
2 $168.4K$164.4K
-2.3%
3 $229.9K$229.5K
-0.2%
4 $363.5K$427.4K
+17.6%
5+ $410K$439.5K
+7.2%

Summary: Waco housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 7.2%.

Median List Price Compared To Nearby Cities

Waco
+11.8%
Woodway
+3.3%
Bellmead
-8.3%
Hewitt
-22.3%

Housing Supply in Waco, TX

How many homes are available in Waco, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5559+7.3%

Summary: The Waco real estate market had 59 homes for sale in March 2024, a 7.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 67
+16.7%
3 2929
0.0%
4 1215
+25.0%
5+ 56
+20.0%

Summary: The Waco housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 20%.

Days on Market for Waco, TX

How long does it take to sell a home in Waco, TX?

Average Listing Age

Mar 2023Mar 2024CHANGE
137 Days85 Days-37.5%

Summary: Homes in Waco had an average listing age of 85 days in Mar 2024, down by 37.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Waco, TX

Nearby Markets to Waco, TX