Housing Prices in Waco, TX
How much do homes in Waco, TX cost?
Median List Price
$264,500
$169/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
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 May 2024, up 11.8% from the previous year, and the median price per square foot was $169.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $260K | -7.1% |
| 2 Bedrooms | $162.4K | $177.4K | +9.3% |
| 3 Bedrooms | $234.9K | $229K | -2.5% |
| 4 Bedrooms | $415K | $434.9K | +4.8% |
| 5+ Bedrooms | $550K | $439.5K | -20.1% |
Summary: Waco housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 9.3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 20.1%.
Median List Price Compared To Nearby Cities
| Woodway | $371K | $449.9K | +21.3% |
| Waco | $236.4K | $264.5K | +11.8% |
| Bellmead | $239.9K | $220K | -8.3% |
| Hewitt | $381.2K | $325K | -14.8% |
Housing Supply in Waco, TX
How many homes are available in Waco, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 58 | 48 | -17.2% |
Summary: The Waco real estate market had 48 homes for sale in May 2024, a 17.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 30 | 23 | -23.3% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Waco housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 20%.
Days on Market for Waco, TX
How long does it take to sell a home in Waco, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 127 Days | 85 Days | -32.7% |
Summary: Homes in Waco had an average listing age of 85 days in May 2024, down by 32.7% compared to the previous year.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved. 
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.