The story of this market
The typical home in ZIP 76632 sells for about $545,000, or $211 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 76632 — Chilton
The housing market in 76632 is characterized by low inventory and a slow pace of sales, reflecting its rural nature. Prices have seen moderate growth, though the small sample size of closed sales makes the market sensitive to individual transactions. Demand remains steady for those seeking rural residential properties within commuting distance of Waco.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable land, while remaining within a reasonable commuting distance to Waco.
Median prices moved up 2.4% year over year.
Homes spend a median of 88 days on market with 9.0 months of supply — a slower-moving market.
11% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 15.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 76632, Falls County TX
Schools serving Chilton are primarily managed by the Chilton Independent School District, which provides a small-town educational environment.
The area is subject to standard Texas climate risks, including potential for severe thunderstorms and heat-related hazards; flood risk varies by specific parcel location.
Growth is primarily driven by agricultural and rural residential development, with proximity to the Waco metro area providing economic support.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents typically rely on personal vehicles for commutes, with travel times averaging approximately 26.6 minutes to reach employment hubs in the Waco area.
Recreation is centered on rural outdoor activities, with local parks and proximity to the Brazos River providing opportunities for fishing and nature exploration.
The rental market is limited in depth, consisting primarily of single-family homes with low turnover and minimal short-term rental activity.
The local economy is heavily influenced by agriculture and small-scale local services, with many residents commuting to Waco for broader employment opportunities in education, healthcare, and manufacturing.
Development is primarily focused on low-density residential expansion and agricultural land use.
Parcels are subject to Chilton ISD and Falls County tax jurisdictions.
Property insurance premiums are influenced by regional wind and hail risk common to Central Texas.
Data retrieved from Census Reporter and data.census.gov for ZCTA 76632.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Urban Air Trampoline and Adventure Park4.118.1 mi
- Chuck E. Cheese3.918 mi
- Waco Axe Company519.1 mi
- Escapology Escape Rooms Waco519.4 mi
- McLane Stadium4.719.3 mi
- Waco Convention Center4.519.6 mi
- Extraco Events Center4.419.4 mi
- The Backyard Bar Stage and Grill4.419 mi
- Topgolf Waco4.116.3 mi
- Kissing Tree Vineyards3.96.2 mi
- Dr Pepper Museum4.419.3 mi
- Mayborn Museum Complex4.818.8 mi
- Texas Ranger Hall of Fame & Museum4.719.1 mi
- The Cottonland Castle4.518.4 mi
- Texas Sports Hall of Fame4.618.9 mi
- Brookshire Brothers4.212.5 mi
- Waco Regional Airport4.125.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.