Waco housing market: home prices, trends and forecast
Waco home prices: the Zillow Home Value Index put the typical home in Waco, Texas at $192,729 in September 2026, down 1.0% year over year and 5.9% under its $204,801 peak in June 2024.
- Value of a typical home
- $192,729September 2026, Zillow ZHVI
- Change over 12 months
- −1.0%. Measured from September 2025.
Waco home prices since 2000
Waco appears as the steel line, while the United States appears as the grey line. Since January 2009, the typical Waco home increased from $88,584 to $192,729, a ×2.18 change. Over those same months, the US recorded ×1.99.
Waco median home price by year
The twelve monthly values form each yearly average; for 2026, the latest month is shown.
| Year | Waco | Change on the year | United States |
|---|---|---|---|
| 2009 | $88,357 | $177,542 | |
| 2010 | $86,715 | −1.9% | $171,462 |
| 2011 | $86,043 | −0.8% | $162,508 |
| 2012 | $82,969 | −3.6% | $161,137 |
| 2013 | $81,911 | −1.3% | $171,420 |
| 2014 | $84,612 | +3.3% | $182,996 |
| 2015 | $89,466 | +5.7% | $192,738 |
| 2016 | $95,523 | +6.8% | $204,509 |
| 2017 | $105,238 | +10.2% | $216,767 |
| 2018 | $116,791 | +11.0% | $230,541 |
| 2019 | $125,915 | +7.8% | $242,088 |
| 2020 | $137,297 | +9.0% | $257,151 |
| 2021 | $163,435 | +19.0% | $295,959 |
| 2022 | $196,564 | +20.3% | $340,014 |
| 2023 | $201,628 | +2.6% | $348,160 |
| 2024 | $201,683 | 0% | $359,751 |
| 2025 | $196,307 | −2.7% | $362,959 |
| September 2026 | $192,729 | −1.0% | $366,157 |
Current value of a Waco home bought in any year
This estimate uses an index for a typical home and does not represent an appraisal.
Each yearly figure averages its twelve monthly index values. The current value is September 2026. Other choices include the home appreciation calculator.
Are you thinking of selling? Use Realtor.com to compare local agents. Advertising disclosure: the site may receive payment for links like this one, but the site never changes a number. Disclosure.
Waco housing market forecast
For the Waco, TX metro, Zillow's forecast points to +0.1% over the next three months and +0.2% during the 12 months from September 2026. The forecast would lift Waco's typical value of $192,729 to roughly $193,100 after a year.
This is Zillow's central metro estimate, repeated here. The site does not publish a forecast of its own. Such a 12-month forecast has usually missed the actual change by several percentage points, whether the error was above or below. This is not investment advice.
All metro forecasts appear together in this table: housing market forecast.
Waco housing market crash risk score
57 out of 100, high
The score ranks Waco against 292 cities using five conditions that were high before earlier price falls. Every input is scored from 0 to 100 compared with the other cities, then the five scores are averaged with equal weight. The score describes current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +96.2% | 98 | 20% |
| Time on the market vs 2019 | +32.2% | 89 | 20% |
| Price-to-rent ratio | 12.0 | 8 | 20% |
| Price-to-income ratio | 3.4 | 13 | 20% |
| 12-month price change | −1.0% | 78 | 20% |
This is not investment advice. Input scoring is explained in the methodology. See all 292 ranked cities: crash risk by city.
Waco housing inventory and time on the market
During September 2026 the Waco, TX metro offered 1,642 homes for sale, up +4.8% from a year earlier and up +96.2% versus the same month of 2019. Homes listed in the area had a median selling time of 78 days (+32.2% against 2019), while 19.2% of listings included a price cut.
| Waco, TX metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 1,642 | +4.8% |
| New listings | 320 | |
| Median days on market | 78 | −18.0% |
| Median list price | $309,225 | −2.8% |
| Share with a price cut | 19.2% |
Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.
Living and rent costs in Waco
Waco's typical asking rent is $1,342 a month, according to the Zillow Observed Rent Index, which is 0.8% higher than a year earlier. A typical home costs 12.0 years of rent at that rate. Census ACS 2024 reports median household income of $56,548, placing the typical home at 3.4 times annual income. BEA gives the metro a price index of 92.5, compared with a US average of 100, and a housing cost index of 83.5.
Other Texas housing markets
- Houston at $259,465.
- San Antonio at $244,623.
- Dallas at $303,442.
- Fort Worth $292,949
- Austin at $491,960.
- El Paso at $237,556.
- Arlington, Texas $306,472
- Corpus Christi $222,115
- Plano at $497,714.
- Lubbock at $210,957.
Statewide figures: Texas housing market.
How to read this chart
The Zillow Home Value Index for Waco appears at each point. It gives the monthly dollar value of a typical home in the market's middle third, after smoothing and seasonal adjustment. The hollow circle shows the selected month on the slider, while the terracotta circle marks the most recent month. The figures do not adjust for inflation. An index tracks the typical home, not one particular house. Use the card above or the home appreciation calculator to find a single home's value from its sale price.