Market Intelligence · TX / Waco

Waco, TX 76704 Housing Market

The typical home value in Waco 76704 is $112,314, down 3.3% over the past year. Homes are listed at a median price of $169,900 and spend a median of 86 days on the market. The zip code has 42 homes currently for sale.

Updated August 2026Median value$117K

The median home value in Waco, TX 76704 is $117K as of August 2026, down 2.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 76704 range

$107K to $126K

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

-2.7% over 12 months

Typical home value in 76704 over the last 12 months: $120K in Aug 2025 to $117K in Aug 2026 (-2.7%).

Aug 2025$120K

Aug 2026$117K

The numbers

What is the 76704 housing market like?

Typical home value

$117K

Down2.7%YoY

Median list price

$170K

Down4.8%MoM

Days on market

86

Up30.3%MoM

Homes for sale

42

Down6.7%MoM

Price cuts

17.0%

Down41.6%MoM

New listings

16

Up166.7%MoM

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

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The comparison

How do 76704 home prices compare?

  • 76704$116,723
  • Waco$221,399
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Waco: 8 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

With 42 homes for sale and 16 new listings as of August 2026, the market is showing modest activity. The median list price of $169,900 reflects a disconnect from the typical home value of $112,314, suggesting many listings are priced above the local median. Properties spend 86 days on market on average, and 17.0% of listings have already seen price cuts. For sellers, the combination of a declining home value trend and moderate inventory suggests waiting for conditions to stabilize may be worth considering.

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