Condos for Sale in Waco, TX

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Waco, TX Housing Market Overview

Waco is a balanced market, giving buyers and sellers room to negotiate. With 5.5 months of supply and homes averaging 95 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

95

Inventory

634

Sep 2021Mar 2024Mar 2026

Median Home Price

$275,355Down 0.05%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
634 Down 0.11%
Newly Listed Homes
215 Up 0.02%
Months of Supply
5.5 Down 0.60%

Housing Demand

Homes Sold
115 Down 0.00%
Sale-to-List Ratio
96.3% Down 0.04%
Homes Sold Above List
16.5% Up 0.28%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Waco Market Report

Frequently Asked Questions

Are there more affordable pockets within Waco, or is the whole city pricier now?

Yes, Waco still has several affordable pockets. While prices have jumped downtown and near Magnolia Market, East Waco and North Waco remain much more budget-friendly than upscale suburbs like Woodway or neighborhoods close to Baylor University.

Is home insurance cost higher due to Waco's location in "Tornado Alley?"

Yes, Waco’s elevated risk of severe storms drives up homeowners insurance rates. The region faces frequent windstorms and historically destructive events, like the famous 1953 F5 tornado. Consequently, insurers price policies higher to offset regular wind and roof damage claims.

Does living near Magnolia Market at the Silos mean dealing with tourist traffic?

Yes, the Magnolia effect has brought a significant tourism boost to downtown and near-downtown Waco, driving up both traffic and short-term rental activity. Owners on streets immediately surrounding The Silos may have to deal with excessive visitor flow to some degree.

How many months of housing supply does Waco currently have?

Housing supply in Waco is 5.5. However, the figure shifts throughout the year depending on the season and current buyer demand.

Does Waco see much hail damage given its Central Texas location?

Yes, hail is a frequent issue in Waco due to Central Texas's severe spring storms. Hail can severely bruise shingles, crack siding, and shatter skylights, making a thorough professional roof inspection essential before closing on a home.

How does humidity in Central Texas affect long-term home upkeep in Waco?

Waco’s hot, humid summers strain HVAC systems and accelerate exterior wear. High moisture encourages mold and mildew on siding, requiring regular pressure washing and frequent roof, caulking, and AC maintenance to prevent rot and costly breakdowns.

Is homeowners insurance more expensive in flood-prone parts of Waco?

Yes, overall coverage costs more in flood-prone areas. Standard homeowners insurance does not cover flood damage, so buyers near the Brazos River or local creek basins must purchase a separate flood policy through the NFIP or a private insurer.

Is Waco a good place for families?

Yes, Waco is a solid choice for families. Its central location between Austin and Dallas offers small-city charm with easy access to major metro hubs, family-friendly outdoor attractions like Cameron Park, and quiet suburban communities nearby.

  • mls-img
    Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 8, 2026, 11:00 AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
  • mls-img
    Based on information from the association of REALTORS® (alternatively, from the Central Texas MLS) through Oct 8, 2026, 11:00 AM. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Central Texas MLS, All Rights Reserved.
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Waco, TX Housing Marketlink qauare
Homes Available icon

60

Homes Available

Median List Price icon

$ 275,355

Median List Price

Avg on Market icon

95 Days

Avg on Market

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