Is Waco, TX 76701 a buyer’s or seller’s market?
Waco is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Waco housing market right now
In the three months ending August 31, 2026, 0% of homes in Waco, TX 76701 sold above their list price, the typical home went under contract in 50 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (40 days then) and the median sale price rose 14% to $552,261. Overall, Waco is less competitive than a year ago, which gives buyers more room.
Within McLennan County, homes here sell more slowly than in 59% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Axtell 76624 (50% sold over asking) and Elm Mott 76640 (25% sold over asking) are even more competitive.
Run the numbers for 76701
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 Waco is
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Questions about Waco real estate
Is Waco a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Waco, TX 76701 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 Waco?
The typical home went under contract in 50 days in the latest three months.
Do homes in Waco sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Waco?
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 Waco?
The median sale price was $552,261 in the three months ending August 31, 2026, about $439 per square foot.
Local agents
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More tools for 76701
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology