76704 Housing Market Report February 2025•McLennan County, Texas

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Housing Prices in 76704, TX

How much do homes in 76704, TX cost?

Housing Market Conditions

Is 76704, TX a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

76704 is a Seller's Market

Difference Since January 2025

Last month, 76704 was a Neutral Market.

Insight

76704 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$207,990$199/SqFt
+$82,990
+66.4%

Based on all homes sold in February 2025

Insight

Homes in 76704 have sold for 66.4% more than they did a month ago.

Summary: The median home sold price in 76704 was $207,990 in February 2025, up 66.4% from last month, and the median price per square foot was $199.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
76704
+66.4%
76707
+55.8%
76708
+5.6%
76705
-25.3%
76701
-65.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1-$40K
N/A
2$139K$184.9K
+33.0%
3$95K$209.9K
+121.0%
4--
N/A
5--
N/A

Summary: 76704 housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +33.0%. The home price for 3 bedroom homes increased by +121.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in 76704, TX

How many homes are available in 76704, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
54Last MonthFeb 2025
412 months agoJan 2025
+31.7 %
Change MoMJan – Feb

Summary: The 76704 real estate market had 54 homes for sale in Feb 2025, a 31.7 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
13Last MonthFeb 2025
62 months agoJan 2025
+116.7 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
123
+50.0%
2913
+44.4%
32733
+22.2%
424
+100.0%
511
0.0%

Summary: 76704 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +44.4%. The inventory for 3 bedroom homes increased by +22.2%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 76704, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price9 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in 76704, expect to pay close to the asking price. 69.2% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in 76704 in February 2025, up by 116.7% month-over-month. Of the 13 sold homes, 23% were sold under asking, 69% were sold at asking, and and 8% were sold over asking.

Days on Market for 76704, TX

How long does it take to sell a home in 76704, TX?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days2 Homes

Over 90 Days2 Homes

Insight

Many homes in 76704 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 13 homes were sold in 76704; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
30 DaysLast MonthFeb 2025
20 Days1 month agoJan 2025
+51.2 %
Change MoMJan – Feb

Summary: Homes in 76704 had an average listing age of 30 days in Feb 2025, up by 51.2% compared to the previous month.

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Newest Listings in 76704, TX

What homes are available in 76704, TX?

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Nearby markets

Nearby markets aren't available for 76704, TX

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MLS Disclaimers and Copyright

Based on information from Waco MLS, North Texas Real Estate Information Systems Inc., and Central Texas MLS Inc for the period 01/01/2025 - 03/01/2025

IDX This data is provided by the Waco Association of REALTORS® Multiple Listing Service Inc. Internet Data Exchange is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker is listed on each listing; the information is deemed reliable but not guaranteed accurate. Copyrighted © 2025 Waco Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 3/10/2025, 8:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 3/10/2025, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXData provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2025 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 3/10/2025, 8:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.