Market Intelligence Report — TX-380

Waco, TX

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TX-08
As of the latest 2026 data
Cooling

Median Listing

$306K
-2.9% YoY

Pending Ratio

0.26
-2.0% YoY

Active Inventory

1,598
-0.1% YoY

Median DOM

72 Days
-15.3% YoY

Primary Intelligence Tool — Sold Score™

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The Waco, TX market exhibits a cooling trend, evidenced by a pending ratio of 0.26. This indicates that demand absorption is moderate relative to available inventory, aligning with the observed -2.9% year-over-year decline in the median listing price.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.6%+0.3 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

308,807+0.6% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Waco market right now.

Active listings have remained relatively stable, registering a marginal year-over-year decrease of 0.1%, while new listings saw a modest 2.5% increase over the past year. The median days on market decreased by 15.3% year-over-year to 72 days, suggesting a slightly quicker transaction pace for properties that do go under contract. The price-reduced share saw a slight decline of 0.7% year-over-year, settling at 21.9% of listings.

Historical Analysis

Market Trends

Median Price

$306K-0.7% MoM

Active Inventory

1,598-0.1% YoY

Days on Market

72-15.3% YoY

Sold Score™

36-2.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

36
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this cooling environment, the current pace of transactions suggests that inventory levels are not experiencing significant pressure from demand. Negotiating leverage likely favors greater price discipline and extended marketing periods for sellers, while purchasers may encounter more opportunities for consideration given the ratio of pending to active listings.

Luxury Segment

The average listing price of $402,507 exceeds the median listing price of $305,990. However, both the average listing price (-1.9% YoY) and the median $/sqft (-1.1% YoY) have seen year-over-year declines, with the luxury segment showing no distinct signal of divergence or elevated softness in this dataset beyond the broader market trends.

Supply Dynamics

1,598 active listings represent the current floor, with new supply arriving at roughly 332 per month.

Pricing Pressure
21.9%

of active listings carry a price reduction, -0.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.1% year-over-year.

Absorption
0.26

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Waco, TX? Homes here are taking 13 days less to sell than last year.

Buyers have leverage in Waco, TX. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
26%
Median Days on Market
72 days
Inventory YoY
−0%

In a buyer's market, strategy beats timing. See how your home scores in Waco, TX and what moves the number.

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Metro Demographics

Metro Area
Waco, TX
CBSA Code
47380
State
TX

ZIPs in Waco, TX

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Waco?+

    As of the latest 2026 data, the Waco metro is classified as Cooling. Pending ratio is 0.26 with median days on market at 72.

  • Are home prices dropping in Waco?+

    Median listing price is $306K, -2.9% year over year. 21.9% of active listings carry a price reduction.

  • How fast are homes selling in Waco?+

    The typical listing sits 72 days on market, a -15.3% change YoY. New listings are arriving at 332 per month.

  • What's happening in the Waco luxury market?+

    The average listing price of $402,507 exceeds the median listing price of $305,990. However, both the average listing price (-1.9% YoY) and the median $/sqft (-1.1% YoY) have seen year-over-year declines, with the luxury segment showing no distinct signal of divergence or elevated softness in this dataset beyond the broader market trends.

  • Where can I find a trusted Waco real estate expert?+

    Primpted maintains a vetted registry of Waco agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 47380 · 36mo history