Market Overview
Home Prices in Mc Gregor, TX
The median home value in Mc Gregor, TX is $237,818 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mc Gregor are priced42% below average. Mc Gregor is part of the Waco, TX metro area.
Over the past five years, Mc Gregor home values have risen by approximately20.8%, reflecting strong long-term appreciation in this market.
Price History
Mc Gregor Home Price Trend
City Comparison
Mc Gregor vs. National Median
At $237,818, homes in Mc Gregor cost 42% below the national median of $410,000. This makes Mc Gregor a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mc Gregor?
20% Down Payment
$47,564
on $237,818
Monthly P&I
$1,240/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,575/mo
incl. taxes & insurance
Income Needed
$63,000
gross annual (30% rule)
10% Down Option
$23,782
+ PMI applies
Loan Amount (20% dn)
$190,254
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mc Gregor, TX?
The median home value in Mc Gregor is $237,818 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Mc Gregor?
Over the past year, home values in Mc Gregor have decreased by 0.9%. Over five years, prices have risen approximately 20.8%.
How much do I need to earn to buy a home in Mc Gregor?
To comfortably afford the median home price of $237,818 with a 20% down payment ($47,564) at today's rates (6.8%), you'd need a gross annual income of approximately $63,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Mc Gregor compare to the national average home price?
The national median home value is approximately $410,000. At $237,818, homes in Mc Gregor are 42% below the national average.
What metro area is Mc Gregor part of?
Mc Gregor is part of the Waco, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.