June 2026 Waco Real Estate Market Update

What Buyers and Sellers Need to Know This Month

The June housing market across Waco and the surrounding communities continues to show signs of a healthy, balanced market. While home prices have adjusted slightly from last year in some areas, buyer activity remains strong, inventory is improving, and well-priced homes are continuing to sell.

Whether you're considering buying, selling, or simply keeping an eye on the market, here's what happened in June.

Overall Waco Metro Market

The Waco Metro area experienced increased activity compared to June of last year, with more homes selling, more buyers entering the market, and more homeowners choosing to list their properties.

June by the Numbers

• 312 homes sold (up 8% year-over-year)

• 302 homes went under contract (up 16%)

• 445 new listings entered the market (up 18%)

• Months of inventory: 4.7 months

• Median sales price: $285,000

• Average days on market: 72 days

What does this mean?

We're continuing to see a balanced market. Buyers have more options than they did a year ago, but desirable homes that are priced correctly are still attracting strong interest.

Prices Have Shifted—But the Market Is Healthy

Average home prices were down compared to last June, while the median sales price only declined slightly. This tells us that fewer luxury home sales likely influenced the average price, while the typical homeowner experienced much smaller changes.

For buyers, this can create opportunities.

For sellers, pricing correctly from the beginning has never been more important.

Inventory Continues to Improve

Inventory sits at 4.7 months, which is considered a balanced market.

This benefits everyone:

Buyers

• More homes to choose from

• Less pressure than during the peak seller's market

• More opportunity to negotiate

Sellers

• Serious buyers are still active

• Well-maintained homes continue to sell

• Accurate pricing and professional marketing remain the key to success

McLennan County Snapshot

McLennan County remains one of the strongest areas in Central Texas.

Highlights include:

• Home sales increased 4%

• Pending sales increased 14%

• New listings increased 19%

• Inventory remains balanced at 4.5 months

• Median sales price remained relatively stable at $294,000

Even with additional inventory, buyer demand has remained steady throughout the county.

Community Highlights

City of Waco

The City of Waco saw:

• 16% more homes sold

• 15% more new listings

• Median home price increased slightly to $276,730

• Average market time improved to 76 days

Despite average prices decreasing, the median price remained stable, indicating continued strength in the local housing market.

Woodway

Woodway continued to perform well in the higher-end market.

• Average sale price increased 19%

• Median sale price increased 6%

• Homes sold faster than last year

• Inventory remains balanced

Hewitt

Hewitt remains one of the strongest seller-friendly markets in the area.

Highlights include:

• Only 3.1 months of inventory

• Homes averaged just 48 days on market

• Seller Success Rate above 93%

Demand continues to outpace supply, making Hewitt an attractive location for sellers.

Robinson

Robinson had an impressive June.

• Sales increased 56%

• Median sale price increased 46%

• Inventory dropped significantly compared to last year

This continues to be one of the strongest-performing communities in the Waco area.

Lorena

Lorena continues to attract buyers looking for larger homes and excellent schools.

Although the number of sales was lower than last year, home values remained exceptionally strong.

• Average sale price increased 45%

• Median sale price increased 84%

• Inventory remains low at just 3.2 months

What This Means for Buyers

The market has become much healthier than it was a few years ago.

Today's buyers benefit from:

• More inventory

• More negotiating opportunities

• Stable mortgage competition

• Less urgency than during bidding-war markets

If you've been waiting for the "perfect time," today's balanced market may offer some of the best opportunities we've seen in several years.

What This Means for Sellers

Homes are absolutely still selling.

In fact, seller success rates remain above 80% across much of the Waco area. The difference today is that buyers have choices.

The sellers seeing the best results are those who:

• Price their home accurately

• Prepare it well before listing

• Invest in professional photography and marketing

• Work with an experienced local Realtor

  
  

Looking Ahead

As we move through the second half of 2026, the Waco housing market continues to demonstrate resilience. Inventory is increasing at a healthy pace while buyer demand remains steady. Although pricing has normalized from the rapid appreciation of recent years, Central Texas remains one of the strongest housing markets in the region.

Whether you're planning to buy, sell, or simply want to understand what your home is worth in today's market, having local expertise makes all the difference.

If you're curious about your home's current value or have questions about buying in today's market, we'd love to help. Contact Pecan Creek Realty Group for personalized guidance and a strategy tailored to your goals.

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See the latest June 2026 Waco real estate market statistics, including home prices, inventory, buyer trends, and what they mean for buyers and sellers throughout McLennan County and surrounding communities.

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