Is Waco, TX 76707 a buyer’s or seller’s market?

The Waco housing market right now

In the three months ending August 31, 2026, 10% of homes in Waco, TX 76707 sold above their list price, the typical home went under contract in 72 days and there were 5.8 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 42 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold more slowly (46 days then) and the median sale price rose 12% to $198,914. Overall, Waco is less competitive than a year ago, which gives buyers more room.

Within McLennan County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell less often over asking than in 59%. On our competition score, Waco ranks #690 of 868 TX ZIP codes with enough sales (score 15 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) and Elm Mott 76640 (25% sold over asking) are even more competitive.