Waco, TX metro area Housing Market Brief
metro · TX · as of August 2026
What is Waco, TX metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Waco, TX metro area in its market cycle?
Waco, TX metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Waco, TX metro area?
Our model forecasts Waco, TX metro area’s home prices to rise about 2.1% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Waco, TX metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $283K | ▼ -5.8% |
| Median Days on Market | 70 days | ▼ -4.1% |
| Months of Supply | 5.3 | ▼ -8.6% |
| Homes for Sale | 1,300 | ▼ -7.5% |
| Homes Sold | 254 | ▲ +2% |
| Median Price / Sq Ft | $169 | ▼ -2% |
How has Waco, TX metro area’s Alpha Score moved?
Markets like Waco, TX metro area
- Sherman, TX metro area, TXmetro40
- Tyler, TX metro area, TXmetro48
- Dalton, GA metro area, GAmetro49
- Dallas, TX metro area, TXmetro41
- Roanoke, VA metro area, VAmetro40
- Ames, IA metro area, IAmetro43
- Indianapolis, IN metro area, INmetro44
- Albertville, AL metro area, ALmetro44
- Lubbock, TX metro area, TXmetro46
- Granbury, TX metro area, TXmetro44
Frequently asked questions
Is Waco, TX metro area a buyer's or seller's market?
As of August 2026, Waco, TX metro area is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Waco, TX metro area?
The median sale price in Waco, TX metro area is $283K, having fallen 5.8% over the past year.
How affordable is Waco, TX metro area?
Waco, TX metro area scores 53 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Waco, TX metro area's Alpha Score?
Waco, TX metro area's strongest dimension is Affordability (53/100) and its weakest is Price Momentum (23/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Waco, TX metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.