Waco, TX housing market
The typical Waco home is worth about $198,000, down 1.4% in a year, 34% below the Texas typical home. Homes typically sell in 46 days, below asking.
Home values, sales, trends and how Waco compares with the towns next door — updated as new data is published.
Waco at a glance
A balanced market
About 4.2 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Waco | Texas |
|---|---|---|
| 2017 | $103,000 | $190,000 |
| 2018 | $115,000 | $202,000 |
| 2019 | $125,000 | $214,000 |
| 2020 | $134,000 | $223,000 |
| 2021 | $153,000 | $242,000 |
| 2022 | $184,000 | $286,000 |
| 2023 | $207,000 | $313,000 |
| 2024 | $205,000 | $311,000 |
| 2025 | $205,000 | $311,000 |
| 2026 | $199,000 | $303,000 |
| August 2026 | $198,000 | $299,000 |
1,119 new homes permitted in 2025
Builders were permitted 1,119 new homes in Waco in 2025: 561 single-family houses and 558 in buildings with two or more homes, worth about $243.8 million to build. That's 7.8 per 1,000 residents, about the pace of Texas as a whole. Over the past 10 years, Waco has permitted 9,427 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Waco gained 13,681 residents while 7,936 new homes were permitted: about 1.7 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.
How Waco ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 913 | 413 | 500 | $217.2 million |
| 2025 | 1,119 | 561 | 558 | $243.8 million |
| 2024 | 705 | 489 | 216 | $197.5 million |
| 2023 | 1,409 | 472 | 937 | $196.3 million |
| 2022 | 963 | 603 | 360 | $101.6 million |
| 2021 | 737 | 661 | 76 | $63 million |
| 2020 | 836 | 654 | 182 | $154.5 million |
| 2019 | 938 | 624 | 314 | $152.5 million |
| 2018 | 575 | 534 | 41 | $124.8 million |
| 2017 | 620 | 514 | 106 | $123.5 million |
| 2016 | 1,525 | 408 | 1,117 | $181.1 million |
| 2015 | 1,286 | 379 | 907 | $166.5 million |
| 2014 | 1,245 | 385 | 860 | $156.4 million |
| 2013 | 446 | 381 | 65 | $71.9 million |
| 2012 | 490 | 323 | 167 | $74.6 million |
| 2011 | 373 | 297 | 76 | $56.5 million |
| 2010 | 438 | 308 | 130 | $56.8 million |
| 2009 | 523 | 305 | 218 | $60.9 million |
| 2008 | 672 | 388 | 284 | $75.3 million |
| 2007 | 784 | 550 | 234 | $100.8 million |
| 2006 | 703 | 620 | 83 | $96 million |
| 2005 | 799 | 512 | 287 | $97.3 million |
| 2004 | 1,071 | 416 | 655 | $96.7 million |
| 2003 | 560 | 311 | 249 | $59.2 million |
| 2002 | 532 | 277 | 255 | $51.9 million |
| 2001 | 691 | 294 | 397 | $55.4 million |
| 2000 | 373 | 201 | 172 | $39.7 million |
How Waco ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Waco and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Waco | $198K | −1.4% | $1,320 | 1,119 | $54,365 |
| Woodway | $370K | +1.1% | $1,460 | 13 | $115,108 |
| Bellmead | $158K | +1.3% | $1,240 | 22 | $52,075 |
| Robinson | $305K | +0.7% | $1,300 | 55 | $99,289 |
| Hewitt | $300K | −0.3% | $1,620 | 36 | $83,511 |
| McGregor | $233K | −0.9% | $1,350 | 113 | $72,750 |
| Lacy-Lakeview | $194K | +0.6% | $1,240 | 13 | $56,924 |
3.6 years of income
The typical Waco home costs about 3.6 years of the town's median household income, about the same as across Texas (3.8).
How Waco ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,320
HUD's Fair Market Rent for a two-bedroom in Waco is $1,320 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Waco pay a median of $1,165, so moving in tends to cost more than staying put. A two-bedroom takes about 29% of the town's median household income.
Studio $910 · 4 bedrooms $1,750
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (76633, 76657, 76704, 76705, 76706, 76707 and 4 more; Waco, TX HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.