Is Mc Gregor, TX 76657 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Mc Gregor is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score47/ 100

More competitive than 48% of U.S. ZIP codes, and #67 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.7Under 4 months = seller’s market
Sold above original list23.7%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$188▼ −2.7% vs. last year

The Mc Gregor housing market right now

In the three months ending August 31, 2026, 24% of homes in Mc Gregor, TX 76657 sold above their list price, the typical home went under contract in 32 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 39 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (49 days then) and the median sale price held steady to $387,582. Overall, Mc Gregor is more competitive than a year ago, so tougher for buyers.

Within McLennan County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Mc Gregor ranks #67 of 868 TX ZIP codes with enough sales (score 47 out of 100).

Nearby, buyers who want less competition could look at Waco 76711 (0% sold over asking) or Waco 76701 (0% sold over asking), while Axtell 76624 (50% sold over asking) is even more competitive.

Nearby markets

Axtell 76624Buyer’s market $153 /sq ftBruceville 76630Seller’s market $176 /sq ftChina Spring 76633Seller’s market $226 /sq ftCrawford 76638Buyer’s market $195 /sq ft Browse all markets →

Where Mc Gregor is

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Questions about Mc Gregor real estate

Is Mc Gregor a buyer’s or seller’s market?

A balanced market: there were 4.7 months of supply in Mc Gregor, TX 76657 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Mc Gregor?

The typical home went under contract in 32 days in the latest three months.

Do homes in Mc Gregor sell over asking?

24% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Mc Gregor?

About 1.42% of a home’s value a year in McLennan County, or roughly $5,680 on a $400,000 home.

What is the median home price in Mc Gregor?

The median sale price was $387,582 in the three months ending August 31, 2026, about $188 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology