The city of Waycross, GA is known for its relatively affordable housing. The median house value in the city is $108,800, which is significantly lower than the national median of $338,100. This gives potential homeowners the opportunity to purchase a home at a much lower price point than other parts of America. Furthermore, the one year appreciation rate in Waycross has been quite impressive - 14.29%, far surpassing the national average of 8.27%. It's no wonder that many people have been drawn to the area by these strong housing market numbers. With an eye towards long-term real estate investment growth and a thriving local economy, it's easy to see why Waycross continues to be an attractive option for those looking to get a good deal on their next home.
The median home cost in Waycross is $108,800. Home appreciation the last 10 years has been 89.3%. Home Appreciation in Waycross is up 21.0%.
Average Age of Homes
- The median age of Waycross real estate is 50 years old
The Rental Market in Waycross
- Renters make up 41.8% of the Waycross population
- 2.7% of houses and apartments in Waycross, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.