76655
Waco, Texas
Waco 76655 needs watching.
The 76655 ZIP code in Waco, Texas has a median sale price of $301K, down -0.3% year-over-year. Homes spend an average of 92 days on market, with 9% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76655.
The Waco 76655 market shows plateau conditions with a median sale price of $300,990 and a marginal year-over-year decline of 0.3%, indicating price stability rather than meaningful depreciation. Properties average 92 days on market, well above the 30-45 day benchmark for balanced markets, while only 9% of homes sell above list price. This metrics cluster signals a clear shift from seller advantage to buyer negotiating position, with inventory absorption rates pointing to moderate demand weakness.
Cost-conscious buyers gain tactical advantage in these conditions, particularly those willing to deploy patient capital through the 90-day marketing cycle. The 91% of properties selling at or below list suggests meaningful negotiation latitude, favoring purchasers who submit disciplined offers 3-5% below ask. Sellers face headwinds and should prioritize competitive pricing at listing rather than testing market tolerance, while speculative investors should exercise caution given the PropIQ score of 55/100 explicitly signals yellow-flag territory.
The PropIQ 55 rating suggests neither imminent collapse nor recovery acceleration, but continued sideways movement with downside vulnerability if days-on-market extends beyond 100. Monitor absorption rates monthly and watch for any decline below 50% of homes selling at list price, which would confirm buyer market entrenchment. Current data indicates 6-12 months of price drift rather than directional momentum, requiring quarterly re-evaluation before capital deployment decisions.
What is the median home price in 76655 Waco?
The median sale price in 76655 is $301K, down -0.3% year-over-year as of 2026-02-28.
How long do homes stay on the market in Waco 76655?
Homes in 76655 Waco spend an average of 92 days on market before going under contract.
Is Waco 76655 a good place to invest in real estate?
Folio's PropIQ™ score for 76655 is 55/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 76655?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 55 = Caution in 76655 Waco, Texas.