Waco, MO is a great place to invest in real estate. According to the latest data, the median value of housing in Waco is $118,900, which is significantly lower than the US median value of $338,100. This makes it an excellent opportunity for potential homeowners and real estate investors alike. Furthermore, while the US housing market has grown by 8.27% over the past year, Waco has seen an even higher appreciation rate of 15.13%. This indicates that homes in Waco are growing in value faster than most other places in the country – a great sign for anyone interested in investing or buying a home there.
The median home cost in Waco is $118,900. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Waco is up 18.1%.
Average Age of Homes
- The median age of Waco real estate is 38 years old
The Rental Market in Waco
- Renters make up 19.0% of the Waco population
- 0.0% of houses and apartments in Waco, 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.