The Waco housing market is somewhat competitive. The median sale price of a home in Waco was $285K last month, down 7.7% since last year. The median sale price per square foot in Waco is $118, down 31.1% since last year.
In October 2024, Waco home prices were down 7.7% compared to last year, selling for a median price of $285K. On average, homes in Waco sell after 52 days on the market compared to 47 days last year. There were 120 homes sold in October this year, up from 110 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$284,825
-7.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Waco, TX
$284,825
-7.7%
United States
To compare other locations to the Waco and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Waco's median sale price is 62% lower than the national average. Overall cost of living in Waco is 8% lower than the national average. Learn which home features in Waco add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Waco housing market?
Waco is somewhat competitive. Homes sell in 59 days.
0
100
45
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 59 days.
Hot homes
can sell for around list price and go pending in around 23 days.
All Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List PriceAll Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List Price
(All Home Types)
90.5%
-2.4 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
--
Growth
% YoY
Waco, TX
--
--
United States
Waco Migration & Relocation Trends
No data on migration and relocation available in this area right now
Learn about migration trends in nearby cities
Schools in Waco
Learn about schools in the Waco area
Elementary
Middle
High
GreatSchools Rating
10/10
South Bosque Elementary School
Public • PreK-4
669
Students
2 reviews
8/10
Robinson Elementary School
Public • 2-3
341
Students
N/A
8/10
Woodway Elementary School
Public • PreK-4
533
Students
2 reviews
7/10
China Spring Elementary School
Public • PreK-3
915
Students
2 reviews
7/10
Robinson Intermediate School
Public • 4-6
559
Students
1 reviews
Only showing 5 of
33 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Waco housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Waco.
Flood Factor - Minor
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Waco has a minor risk of flooding. 4,371 properties in Waco are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Waco. Flood risk is increasing slower than the national average.
79% of properties are at risk of wildfire over the next 30 years
Fire Factor
Waco has a moderate risk of wildfire. There are 38,240 properties in Waco that have some risk of being affected by wildfire over the next 30 years. This represents 79% of all properties in Waco.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Waco has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Waco is most at risk from hurricanes. 47,709 properties in Waco have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 115 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 122 mph.