Homes For Sale in Waco, TX

Map of Homes For Sale in Waco, TX

For Sale
Under Contract
Active Under Contract
Coming Soon

Waco, TX Real Estate Overview

$327,054

Median Sale Price

$176

Median Sale Price per Sq. Ft.

10

Total Homes Sold

77

Median Days on Market

93.4%

Sale-to-List Price

10.0%

Homes Sold Above List Price

Waco, TX Real Estate Market Trends

Are you contemplating a move to Waco or looking to invest in its vibrant real estate market? The Truss Team is here to guide you through Waco's unique and dynamic housing landscape, offering personalized services to find your perfect home.

Current State of the Waco Housing Market:

The Waco housing market presents a diverse and inviting opportunity for prospective homeowners and investors. Here's a snapshot of the current market trends:

  • Median Sale Price: As of October 2023, the median sale price in Waco is an impressive $327K, marking a significant increase of 29.0% compared to last year.
  • Sale Price per Square Foot: The value per square foot stands at $176, showing a slight decrease of 5.4% from the previous year, providing a more affordable entry point into the market.

Market Dynamics:

Waco's real estate market has shown considerable resilience and growth, characterized by:

  • Sale Duration: Homes in Waco, on average, are selling after 77 days on the market, a notable increase from 22 days last year. This trend indicates a more relaxed pace, allowing buyers to make thoughtful decisions.
  • Market Activity: There's been an uptick in sales, with 10 homes sold in October 2023, compared to 8 in the same period last year.

Market Temperature:

  • Competition Level: The Waco market is currently not very competitive, which is great news for buyers. This relaxed atmosphere means more opportunities to find the right home without the pressure of a fast-paced market.
  • Negotiation Leeway: The average home sells for about 4% below the listing price, offering room for negotiation.
  • Time on Market: Homes typically go pending in around 41 days, but highly sought-after properties ('Hot Homes') can go pending in approximately 20 days, often selling close to the listing price.

Why Choose The Truss Team?

At The Truss Team, we understand that buying a home is not just a transaction, but a step towards realizing your dreams. Our team is committed to providing a seamless, personalized experience, ensuring that you find a home that not only meets your needs but also exceeds your expectations.

Your Next Step:

Ready to explore the possibilities in Waco's real estate market? Contact The Truss Team today, and let us be your partner in this exciting journey. Whether you're a first-time buyer, a seasoned investor, or looking for your next family home, we're here to make your real estate dreams a reality.

Work With Us

Cate is a dynamic, performance-driven, goal-oriented professional with 10+ years of experience in the areas of leadership, sales, marketing and real estate. Allison, being raised in the Real Estate business is what gives her the passion behind what she does.