Waco, Texas · The Baylor Bubble

The Baylor Bubble, by the numbers

Every house, condo, and small multifamily inside the Bubble — what's available, what's selling, and how this year stacks up against the last three. Updated every month, straight from the MLS.

David A. Harris, Sr. · Campus, Realtors, Kelly, Realtors · Over $60 Million Sold in the Baylor Area · Data through October 2, 2026

David Harris, REALTOR, Campus, Realtors, Kelly, Realtors

Welcome to the Baylor Bubble

The Baylor Bubble as owners know it, drawn to the block — pan, zoom, and click any zone for detail. Adapted from the First to Know map by David A. Harris, Sr.

If you own or invest here, you know the Bubble has layers: the Inner Bubble pressed against campus, the South East Bubble across University Parks, the Outer Bubble running out toward 18th Street, and a Current & Future Expansion area to the southwest — with Baylor-owned property woven through the middle. Speight, James, Bagby, Wood, and the numbered streets tie it all together.

A note on the lines: after their freshman year, Baylor students are free to live anywhere they choose. The Baylor Bubble is simply where I see most students who want to stay close to campus end up living. These boundaries aren't an official designation — they're just what I've come to know from years of working this market, and I update them as the neighborhood grows.

Inner BubbleSouth East BubbleOuter BubbleFuture ExpansionBaylor-owned

Based on information from the North Texas Real Estate Information Systems, Inc., as of October 2, 2026. Data deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Statistics compiled by David A. Harris, Sr., Campus, Realtors, Kelly, Realtors.

The Bubble Report

David Sr.'s 60-second read on the month. A new edition publishes the first week of every month. Shareable edition →

No. 4 · October 2026

85 Properties for sale inside the Bubble on October 2 — the most in the four years I have charted. Twenty-nine of them were listed in the last thirty days.

On October 2 there were 85 Baylor Bubble properties for sale — 39 houses, 33 condos and townhomes, 13 multifamily — up from 73 on September 1. That is the highest count in the four academic years on this site; the previous high was 79 in June. A year ago the same count was 59, two years ago 29, three years ago 23. The jump is a fall listing wave, not a stall: 29 of the 85 were listed within the last thirty days, including six multifamily listings that all came on the market the same day.

September was the busiest month since July. Eight sales — four houses, three condos, one duplex — the best September in three years, after 10 in 2023, 7 in 2024 and 5 in 2025. Two months into the academic year the Bubble has 11 sales against 13, 13 and 9 at the same point in the three prior years. Eight more properties are under contract heading into October. Demand is holding exactly where it has held, and supply just took another step up.

Here is what the wave does to the aging numbers. Of the 39 houses for sale, 18 have been listed more than ninety days and 18 have cut their price — 15 are both. Last month it was 24 of 37 on each count; the fresh listings diluted the share, they did not rescue the old ones. Condos went the other way: the median condo for sale has now sat 71 days, up from 57, with 13 of 33 past ninety and 16 already cut. Across the whole market, 35 of 85 have cut. Median days on market for what actually sold over the past twelve months: 59 for houses, 63 for condos, 95 for multifamily — against 35, 27 and 23 a year earlier. Even September’s eight sales split cleanly in two: the fastest went under contract in twelve days, and three of the eight took 147 days or more.

The expired numbers did not improve with another month in the window. Of every Bubble listing that reached an outcome between January and September, 42 percent expired without selling — 47 of 111 — still the highest share in the ten years I have data for, and seven times the 2022 low. Those listings sat a median of 169 days before expiring, against 68 for the ones that sold, and better than two-thirds had already cut their price. September added seven more. And expiring is usually the end of the story: of the 113 listings that have expired here since January 2024, only 17 percent have since sold at that address, and about half never came back on the market at all.

For parentsThirty-three condos to compare, the deepest condo selection this site has shown, and the median one has sat 71 days. Nearly half have already cut their price. Walk past anything listed since spring that hasn’t cut and ask why — but a fresh listing priced honestly still moves. The fastest condo sale in September took nineteen days.
For investorsThirteen multifamily listings, nearly double a month ago, and six of them arrived the same day. That is new product testing the market, not distress — only two of the thirteen have been out past ninety days. The seasoned discounts are still in the house market, where 15 listings are both aged past ninety days and already reduced.
For ownersYou are now one of 85, the most competition a Bubble seller has faced in four years, and 29 of your competitors are brand new with fresh photos and fresh prices. Buyers are absorbing about the same number of properties they always have. If you list this fall, the price has to be right in week one — the market is proving every month that a cut in month four does not rescue a listing that started too high. If you don’t need to sell, nothing here forces your hand.

Counts and days-on-market only, for-sale property only — sold prices are confidential under MLS rules.

Single-family homes

Each academic year gets its own color — the bold blue line with the dot is the current year (Aug 2026 – Jul 2027), which is three months in, so it runs short.

Based on information from the North Texas Real Estate Information Systems, Inc., for the period August 2023 through September 2026. Data deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Statistics compiled by David A. Harris, Sr., Campus, Realtors, Kelly, Realtors · Last updated October 2, 2026.

Condos & townhomes

The chart parents watch: 33 condos and townhomes for sale is the deepest selection on this site, and the median one has now sat 71 days.

Based on information from the North Texas Real Estate Information Systems, Inc., for the period August 2023 through September 2026. Data deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Statistics compiled by David A. Harris, Sr., Campus, Realtors, Kelly, Realtors · Last updated October 2, 2026.

Multifamily · 2+ units

Duplexes, triplexes, fourplexes, and small apartment buildings. Sales are shown by quarter — monthly counts are too small to read fairly.

Based on information from the North Texas Real Estate Information Systems, Inc., for the period August 2023 through September 2026. Data deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Statistics compiled by David A. Harris, Sr., Campus, Realtors, Kelly, Realtors · Last updated October 2, 2026.

Listings that gave up

Every listing here eventually does one of two things: it sells, or it comes off the market without selling. This is the share that came off without selling — the clearest single measure of how hard it has become to move a property inside the Bubble — and what happened to those listings afterwards.

What happens after a listing expires

The 113 for-sale listings that expired inside the Bubble since January 2024, and where each one stands today

52%
never came back
on the market
19%
are listed
again right now
17%
eventually sold
at that address
12%
relisted and
expired again

The ones that did sell took a median of 243 days from the day they expired to the day they closed, and only 12 of the 19 managed it inside a year. Matched by address across every listing in the database; a property relisted under a differently-written address would not be caught, so the “never came back” share is a ceiling. The window is twenty-one months, so listings that expired recently have had less time to return.

Based on information from the North Texas Real Estate Information Systems, Inc., for the period January 2017 through September 2026. Expired listings only — listings the seller cancelled or withdrew are not counted, because those records only exist from mid-2024 and would overstate the recent years. Data deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Statistics compiled by David A. Harris, Sr., Campus, Realtors, Kelly, Realtors · Last updated October 2, 2026.

Own property near campus?

The charts tell you what the market is doing. These two tell you what to do about it.

Free · no obligation

The Baylor Property Check

What would your property actually bring in today's Bubble? A straight answer built from closed sales in these exact blocks going back to 2003 — not a portal estimate that thinks 76706 is one neighborhood.

David Sr. replies personally and will get back to you soon. No obligation.

For Baylor parents

Student graduating in May?

Every parent-owned property in the Bubble has a four-year clock. When it runs out, you have three plays:

  • 1Sell into the spring parent wave. January–March is when next year's parents shop hardest — listing then puts you in front of the most motivated buyers of the year.
  • 2Hold and rent. The Bubble's tenant pool resets every August. Keep the property working while you decide.
  • 31031 exchange. Roll the gain into your next property and defer the tax bite — talk to your CPA about the timelines.

Not sure which play is yours? Start with the free Property Check. →

Be first to know

Automatic MLS alerts for the Baylor Bubble — new listings, price changes, and closed sales, delivered straight from the MLS on the schedule you choose, down to the moment a listing posts. Pick your property types and how often you want the alerts.

Property types
Alert me about
Alerts are delivered directly from David Sr.'s MLS notification system. Unsubscribe anytime.
Coming: Bears and Buildings — David A. Harris, Sr.'s playbook for buying and selling in the Baylor Bubble. Alert subscribers will hear about it first.

The agent behind the numbers

I'm David A. Harris, Sr. with Campus, Realtors, Kelly, Realtors — and the Baylor Bubble is not a side market for me, it's the market. I've spent over a decade helping Baylor parents buy places their students actually live in, helping investors build portfolios on these blocks, and helping owners time their exit. The charts on this page come from my own MLS research, updated by hand every month, because nobody else publishes this neighborhood's numbers.

11+ years focused on the Baylor market 20+ years in real estate Over $60 Million Sold in the Baylor Area Serving parents & investors
Call or text (254) 640-4144 Email David

What clients say

Reviews from the parents, investors, and owners David A. Harris, Sr. has represented across the Baylor Bubble and greater Waco.

“David helped us find the perfect investment condo inside the 'Bubble'. He is an expert in campus housing and we highly recommend him. We found him honest, hard working and responsive. We will likely work with him again.”— Colorado Broker · Home Buyer
“I had the pleasure of working with David Harris Sr. while purchasing a condo in Waco, Texas, for my daughter, a student at Baylor University. As an out-of-state buyer, I was concerned about navigating the process from afar, but David made it seamless.”— Buyers from Alabama · Home Buyer
“We've worked with David on the purchase of several investment properties and couldn't be happier with the service he provides. He continually works tirelessly to make sure the buying process goes smoothly and represents our best interest without a fault.”— Rubin Stack · Home Buyer
“I would highly recommend David to anyone looking to buy or sell in the Baylor/Waco area. He worked very hard finding a buyer for our student rental and we had a contract in a very short time. I appreciated his professionalism during the process.”— James Wright · Home Buyer
“We would definitely recommend David to represent us if needed in the future. We had a complex sale of 4 units and his professionalism during the entire process was greatly appreciated. He was always responsive to my calls and texts and made sure our concerns or questions were handled immediately.”— Barbara Johnson · Home Seller
“David was recommended to us by a trusted real estate broker in the states. We live out of country and needed an expert that was good with communication. David communicated excellently between all parties.”— Owners in France · Home Seller
“I'm so glad that a friend recommended David. He's an outstanding realtor. He's responsive, provides nuanced and clear explanations, and a man of integrity. He's the kind of guy I'd like to have as a friend. I cannot recommend him highly enough.”— Sam Goff · Home Buyer
“Highly professional, knowledgeable, and communicative. We enjoyed working with David and appreciated his insights and desires to protect and represent our best interests. Strongly recommend.”— Greg Davis · Home Seller
“David was professional, knowledgeable about the market, and very responsive to all of our questions. Easiest sale we've ever been a part of. Highly recommend David!”— Jason Surdy · Home Seller
“David worked with us to sell our condo. He was very professional and honest in all his communications. He provided outstanding customer service and I would recommend him to anyone in the Waco market.”— David Talbert · Home Seller
“David is extremely professional and responsive to his client's needs. His market knowledge and guidance are part of what made our sale a smooth transaction. We would be happy to work with David again.”— Alicia Abel · Home Seller
“David got our house listed very quickly. He helped us price it properly and it sold well and fairly quickly.”— Jared Black · Home Seller
“David was extremely knowledgeable and helpful in representing us in the sale of our condo. He made the whole process very easy for us. Would recommend him without hesitation.”— Local Seller · Home Seller
“David was great. He was easy to get a hold of and very knowledgeable about some questions we had. He negotiated a great deal for both parties.”— Jason Smith · Home Buyer
“David was great! Real pleasure to work with, always honest and professional. Highly recommend!”— Leslie Sakai · Home Seller

How these numbers are made

Sold counts are closed MLS sales inside the Baylor Bubble, by month (multifamily by quarter). Every number on this site is property for sale. For sale counts are estimated by counting each listing's days-on-market backward from the day it left the market — whether it sold, expired, or was cancelled — to reconstruct when it was actively listed; today's active listings count from their current days-on-market. The newest months are live MLS snapshots. Tested against the live snapshots on file, this estimate reproduces the September 1 count exactly. Saved monthly snapshots replace the estimate going forward.

Charts are grouped by academic year (August–July) because that's the rhythm this market actually moves on. Property types: single-family homes; condos & townhomes; multifamily is anything with 2 or more units.