Mc Gregor, Texas.
Typical home $229,969 (-1.2% in a year). Waco, TX metro.
to buy the typical home at today's mortgage rate — +$647 (+115%) since Jan 2020.
- 1 year
- Down $2,778 -1%
- $232,747$229,969 since Sep 2025
- 5 years
- Up $31,220 +16%
- $198,749$229,969 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Mc Gregor$1,207
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 24 years.
Typical home values in Mc Gregor, TX fell 1.2% over the past year — slower than the nation's +1.2%.
Living in Mc Gregor, McLennan County, Texas
Mc Gregor is a city of 5,321 people in McLennan County. 69% of its homes are lived in by their owners and 31% are rented. Unemployment in McLennan County was 4.3% in August 2026, and the county had 0.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Mc Gregor is a small city in McLennan County, with a younger population than most places and more homes lived in by their owners than not. Incomes run below the county's, and a four-year degree is less common among adults here than in many towns. Winters are mild and brief, with little or no snow, while summers are hot, and the rain falls at a moderate rate through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, professional and business services, and banking, insurance and property also providing many jobs. Among the largest workplaces in Mc Gregor are the Heart of Texas Electric Cooperative, Land O'Lakes and Brookshire Brothers. The usual trip to work is of moderate length, and some people work from home.
Things to do. Mother Neff State Park, a protected area, is a short drive away and is the nearest place to spend time outdoors. A longer drive brings you to Waco, where the Waco Mammoth National Monument is a protected area and Cameron Park Zoo is a zoo. Waco Lake, a reservoir, is also a longer drive away.
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- 2,043households
- 24%of adults have a degree
- 13%below the poverty line
- 21 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. McLennan County had 122,992 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 58° and lows near 34°; warmest in August, with highs near 96° and lows near 72°. About 38 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Mcgregor weather station, 2 miles away (NOAA).
Largest workplaces in Mc Gregor
- Heart of Texas Electric CooperativeDistribution of electric power57
- Ferguson Enterprises48
- Novae45
- Brookshire BrothersGrocery stores41
- Land O'LakesLivestock feeds, supplements, concentrates and premixes, manufacturing31
- Messer North AmericaIndustrial gases manufacturing26
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 6 workplaces with 20 or more staff, 248 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- LightningRelatively high
- Cold wavesRelatively high
- Heat wavesRelatively high
- WildfireRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Mc Gregor’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on McLennan County and the Waco, TX metro.
Mc Gregor home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Mc Gregor$229,969
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 4 Mc Gregor listings — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Mc Gregor28.31%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Mc Gregor52
New listings per month
Sellers arriving at the market.
- Mc Gregor11
Zip codes with a Mc Gregor address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Mc Gregor — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.