Good Investment

Home appreciation in Waco, TX

Over the five years ending 2025, home prices in Waco, TX grew an average of 8.9% a year.

Price growth at a glance

1-year

+3.6%

2025 over 2024. Texas: +1.8%.

5-year, per year

+8.9%

Average annual growth, 2020 to 2025. Texas: +8.1%.

10-year, per year

+7.8%

+111.4% in total since 2015. Texas: +7.0%.

How does your home compare?

Waco, TX home prices rose 111.4% over the ten years to 2025, while its ZIP codes ranged from +83.0% to +154.4%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Waco, TX compares with Texas

Texas averaged +8.1% a year, so Waco, TX grew faster than the state overall. For five-year price growth, Waco, TX ranks 231st out of 409 metros nationwide and 7th out of 26 in Texas.

Index, 2005 = 100

Waco, TX and Texas, quarterly house price index rebased to 100 in 2005.
YearWaco, TXTexas
2005 Q1100100
2005 Q2103102
2005 Q3104103
2005 Q4108104
2006 Q1106106
2006 Q2106107
2006 Q3109109
2006 Q4107110
2007 Q1110112
2007 Q2112114
2007 Q3111114
2007 Q4113115
2008 Q1113116
2008 Q2112116
2008 Q3113116
2008 Q4113116
2009 Q1116117
2009 Q2116116
2009 Q3115115
2009 Q4116115
2010 Q1113114
2010 Q2116114
2010 Q3116115
2010 Q4116115
2011 Q1115113
2011 Q2116112
2011 Q3117113
2011 Q4118113
2012 Q1117113
2012 Q2119114
2012 Q3119115
2012 Q4120116
2013 Q1119117
2013 Q2119119
2013 Q3122121
2013 Q4121122
2014 Q1120124
2014 Q2122127
2014 Q3122130
2014 Q4126131
2015 Q1127133
2015 Q2128137
2015 Q3131139
2015 Q4131141
2016 Q1133143
2016 Q2136146
2016 Q3141149
2016 Q4140151
2017 Q1140153
2017 Q2147157
2017 Q3150159
2017 Q4151161
2018 Q1157163
2018 Q2158167
2018 Q3161169
2018 Q4161169
2019 Q1163171
2019 Q2166174
2019 Q3170176
2019 Q4172178
2020 Q1175180
2020 Q2176181
2020 Q3181184
2020 Q4184188
2021 Q1188192
2021 Q2200204
2021 Q3213217
2021 Q4223225
2022 Q1235236
2022 Q2249252
2022 Q3259258
2022 Q4260254
2023 Q1260255
2023 Q2264258
2023 Q3264260
2023 Q4258259
2024 Q1255262
2024 Q2265265
2024 Q3272266
2024 Q4263268
2025 Q1272268
2025 Q2270269
2025 Q3275270
2025 Q4276271
2026 Q1280272
2026 Q2273274

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +7.8% a year over ten years, +111.4% in total.

Over this history, home prices never fell more than 0.4% from a prior peak.

The strongest year was 2022 at +21.7%, and the weakest was 2010 at -0.4%.

In 2025 alone the index moved +3.6%, against +1.8% for the state.

ZIP codes in Waco, TX

Over the ten years to 2025, the 15 ZIP codes FHFA measures in this metro ranged from +83.0% in 76638 to +154.4% in 76707, while the metro as a whole rose 111.4%.

Fastest-rising ZIP codes

10-year change

  1. 76707+154.4%
  2. 76689+145.3%
  3. 76633+135.9%
  4. 76705+115.9%
  5. 76691+114.5%

Slowest-rising ZIP codes

10-year change

  1. 76638+83.0%
  2. 76557+86.2%
  3. 76657+89.1%
  4. 76643+92.2%
  5. 76712+97.7%
ZIP codes in Waco, TX ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
76707+7.8%+10.6%+9.8%+154.4%
76689+13.2%+14.1%+9.4%+145.3%
76633+1.6%+9.2%+9.0%+135.9%
76705+1.1%+8.5%+8.0%+115.9%
76691+8.6%+10.9%+7.9%+114.5%
76710-0.2%+8.1%+7.7%+109.7%
76655+2.8%+8.3%+7.6%+107.3%
76706-2.6%+7.7%+7.5%+106.8%
76708-0.3%+7.9%+7.2%+101.2%
76634+3.6%+8.7%+7.1%+99.0%
76712+3.0%+8.0%+7.1%+97.7%
76643-1.5%+7.1%+6.8%+92.2%
76657+1.3%+8.1%+6.6%+89.1%
76557-6.6%+6.8%+6.4%+86.2%
76638+5.9%+6.9%+6.2%+83.0%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Waco, TX and Texas, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006103.2+3.2%105.6
2007107.4+4.0%111.1
2008108.8+1.4%113.1
2009111.7+2.6%113.3
2010111.2-0.4%111.9
2011112.3+1.0%110.3
2012114.2+1.7%112.0
2013115.7+1.3%116.9
2014118.0+2.0%125.2
2015124.6+5.6%134.3
2016132.6+6.4%143.8
2017141.9+7.0%154.0
2018153.6+8.2%163.1
2019161.7+5.3%171.0
2020172.2+6.5%178.9
2021198.6+15.3%204.7
2022241.6+21.7%244.1
2023252.1+4.3%252.0
2024254.3+0.9%259.0
2025263.5+3.6%263.6

The 26 measured metros in Texas

Measured metros in Texas ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Brownsville-Harlingen, TX+1.3%+9.8%+6.5%
2El Paso, TX+3.3%+9.8%+6.4%
3Sherman-Denison, TX+0.5%+9.7%+8.5%
4McAllen-Edinburg-Mission, TX+3.6%+9.6%+6.7%
5Killeen-Temple, TX+1.2%+9.3%+7.4%
6Longview, TX+2.9%+9.1%+5.9%
7Waco, TX+3.6%+8.9%+7.8%
8Wichita Falls, TX+3.6%+8.9%+6.7%
9College Station-Bryan, TX+4.6%+8.6%+6.8%
10Tyler, TX+2.2%+8.6%+6.7%
11Dallas-Plano-Irving, TX (metropolitan division)+0.6%+8.5%+7.7%
12Fort Worth-Arlington-Grapevine, TX (metropolitan division)+1.1%+8.3%+7.8%
13Abilene, TX+4.4%+8.2%+6.2%
14Texarkana, TX-AR+4.8%+8.1%+5.8%
15Laredo, TX+3.8%+7.5%+5.5%
16San Angelo, TX+3.4%+7.5%+5.7%
17Amarillo, TX+2.4%+7.4%+5.2%
18Corpus Christi, TX+1.6%+7.3%+5.4%
19San Antonio-New Braunfels, TX+1.5%+7.3%+6.6%
20Houston-Pasadena-The Woodlands, TX+2.2%+6.9%+5.5%
21Victoria, TX0.0%+6.9%+4.7%
22Austin-Round Rock-San Marcos, TX-0.2%+6.8%+6.9%
23Lubbock, TX+2.2%+6.5%+5.1%
24Beaumont-Port Arthur, TX+3.8%+6.1%+5.3%
25Midland, TX+4.5%+4.6%+4.7%
26Odessa, TX+3.9%+4.0%+4.2%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Texas row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

All metrosState rankings
Share

Measured FHFA data · chart through 2026 Q2