76705 Housing Market Report February 2025•McLennan County, Texas

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Housing Prices in 76705, TX

How much do homes in 76705, TX cost?

Housing Market Conditions

Is 76705, 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

76705 is a Buyer's Market

Difference Since January 2025

Last month, 76705 has remained a Buyer's Market.

Insight

76705 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$195,350$133/SqFt
-$66,250
-25.3%

Based on all homes sold in February 2025

Insight

Homes in 76705 have sold for 25.3% less than they did a month ago.

Summary: The median home sold price in 76705 was $195,350 in February 2025, down 25.3% from last month, and the median price per square foot was $133.

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%
76640
+14.4%
76708
+5.6%
76705
-25.3%

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$1.0M-
N/A
2$65K$108.7K
+67.3%
3$260.8K$214.7K
-17.7%
4$529.9K$197.9K
-62.7%
5--
N/A

Summary: 76705 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 +67.3%. The home price for 3 bedroom homes decreased by -17.7%. The home price for 4 bedroom homes decreased by -62.7%. The home price for 5 bedroom homes did not change.

How does 76705, TX compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

76705, TX

Housing supply in 76705, TX

How many homes are available in 76705, 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
134Last MonthFeb 2025
1212 months agoJan 2025
+10.7 %
Change MoMJan – Feb

Summary: The 76705 real estate market had 134 homes for sale in Feb 2025, a 10.7 % 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
14Last MonthFeb 2025
102 months agoJan 2025
+40.0 %
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
134
+33.3%
21416
+14.3%
37079
+12.9%
42930
+3.4%
555
0.0%

Summary: 76705 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +33.3%. The inventory for 2 bedroom homes increased by +14.3%. The inventory for 3 bedroom homes increased by +12.9%. The inventory for 4 bedroom homes increased by +3.4%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 76705, 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 Price2 Homes

At Asking Price3 Homes

Under Asking Price9 Homes

Insight

If you're buying a home in 76705, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 76705 in February 2025, up by 40.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and and 14% were sold over asking.

Days on Market for 76705, TX

How long does it take to sell a home in 76705, TX?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days3 Homes

Over 90 Days9 Homes

Insight

Most homes in 76705 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 14 homes were sold in 76705; 14% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 64% 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
109 DaysLast MonthFeb 2025
74 Days1 month agoJan 2025
+47.2 %
Change MoMJan – Feb

Summary: Homes in 76705 had an average listing age of 109 days in Feb 2025, up by 47.2% compared to the previous month.

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Newest Listings in 76705, TX

What homes are available in 76705, TX?

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MLS Disclaimers and Copyright

Based on information from Waco MLS, North Texas Real Estate Information Systems Inc., Central Texas MLS Inc, and Unlock MLS 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: 3/14/2025, 8:15:55 AM 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: 3/14/2025, 8:20:53 AM 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: 3/14/2025, 8:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


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: 3/14/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.