Waco Metro Area, TX Housing

The housing market in the Waco, TX Metro Area is a strong and vibrant one. The median house value is $237,100, which is significantly lower than the median US house value of $338,100. Despite this, the area has seen an impressive increase in its house appreciation rate over the past year. In particular, it has appreciated by 16.68%, much higher than the national average of 8.27% for the same period. This indicates that the housing market in Waco is strong and growing steadily, making it attractive to potential homeowners and investors alike.

The median home cost in Waco Metro Area is $237,100. Home appreciation the last 10 years has been 119.3%. Home Appreciation in Waco Metro Area is up 21.4%.

Average Age of Homes

- The median age of Waco Metro Area real estate is 40 years old

The Rental Market in Waco Metro Area

- Renters make up 35.5% of the Waco Metro Area population
- 1.7% of houses and apartments in Waco Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Waco, Texas	United States
	112,439.0	139,647,020.0
	42	42
	$237,100	$338,100
	21.4%	16.6%
	72.1%	57.0%
	119.3%	101.1%
	$16.82	$10.98
	$2,668	$2,690
	53.2%	57.4%
	11.4%	11.2%
	35.4%	31.4%
Vacant Housing
	1.7%	1.9%
	0.6%	0.4%
	0.5%	0.7%
	0.8%	0.4%
	0.9%	3.6%
	6.9%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	4.1%	2.4%
	6.1%	2.8%
	7.7%	3.9%
	9.2%	4.5%
	15.4%	11.3%
	18.0%	13.0%
	19.9%	20.1%
	8.0%	13.6%
	3.8%	8.3%
	3.5%	9.7%
	1.0%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	11.7%	13.6%
	11.7%	13.6%
	11.2%	13.6%
	15.1%	13.2%
	17.2%	14.8%
	11.2%	13.6%
	13.2%	10.0%
	4.7%	4.7%
	5.0%	12.2%

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