Thinking about buying or selling in Waco? Here’s the latest snapshot of our local market, based on recent MLS data.
Key Market Highlights
📊 Average Sold Price: $307,900
📊 Median Sold Price: $283,450
📊 Sale-to-List Price Ratio: 98% (homes are still selling close to asking)
📊 Average Days on Market: 63 (homes are selling faster than earlier this year)
📊 Months of Inventory: 5.5 months
What This Means for Sellers
With 5.5 months of inventory, Waco is leaning toward a buyer's market. However, homes are moving in just over two months on average, and sellers are achieving nearly 98% of their asking price. If you’ve been thinking about listing, this is a strong time to enter the market.
What This Means for Buyers
For buyers, competition is still very real. While prices have stabilized compared to the rapid growth of the last few years, homes are still moving quickly — especially in popular neighborhoods. Having pre-approval in place and working with a local expert can make the difference between getting the home you love or missing out.
Looking Ahead
As we move into the fall season, market activity typically tapers off slightly — but with inventory this high, demand may slow the market more than what is typical towards the end of 2025
Bottom Line
Whether you’re looking to buy your first home, upgrade, or sell in today’s market, understanding the latest numbers is key.
📲 Ready to talk about your next move? Contact me, Aaron Majewski with Magnolia Realty, for a personalized market analysis and guidance tailored to your goals.
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