Market Intelligence · TX / Waco

Waco, TX 76701 Housing Market

The typical home value in Waco, TX 76701 is $307,341, up 6.3% over the past year. The median list price is $369,900, with homes taking a median of 42 days to sell as of September 2026.

Updated September 2026Median value$307K

The median home value in Waco, TX 76701 is $307K as of September 2026, up 6.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 76701 range

$283K to $332K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+6.3% over 12 months

Sep 2025$289K

Low $287KHigh $307K

Sep 2026$307K

The numbers

What is the 76701 housing market like?

As of September 2026

Typical home value

$307K

6.3%YoY

Median list price

$370K

13.5%MoM

Days on market

35.5%MoM

Homes for sale

25.0%MoM

Price cuts

6.1%

New listings

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

76701 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 76701 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 76701 rose 6.3%, per the Zillow Home Value Index.

Will home prices drop in 76701?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 76701 to stay roughly flat by September 2027 (up 0.2%), after a 6.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 76701 home prices compare?

76701$307,341
Waco$216,382
Texas$258,447
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Waco: 8 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 15 homes for sale in this ZIP, with 2 new listings added recently. The median days on market of 42 shows a moderate pace. Only 6.1% of listings have seen a price cut, suggesting most sellers are holding firm on their asking prices despite the market's gradual absorption. For sellers, this mix points to a market where some properties move steadily while others require patience or adjustment.

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Down payment20% · $61,468

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Common questions

What people ask us.

What is the typical home value in 76701?

The typical home value is $307,341, which has increased 6.3% over the past year as of September 2026.

How long do homes stay on the market in 76701?

Homes in this ZIP typically spend a median of 42 days on the market as of September 2026.

How many homes are currently for sale in 76701?

There are 15 homes for sale, with 2 new listings as of September 2026.

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