The housing market in 76704 Waco, TX is booming. The median value of a house in this area is $104,900 which is significantly lower than the national median value of $338,100. Furthermore, the 1 year house appreciation rate in 76704 Waco, TX is 17.68%, which is almost double the US 1 year house appreciation rate of 8.27%. This indicates that housing prices in this area are rising quickly and could be a great investment opportunity for those looking to buy a home in the near future.
The median home cost in Waco (zip 76704) is $104,900. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Waco (zip 76704) is up 21.3%.
Average Age of Homes
- The median age of Waco (zip 76704) real estate is 49 years old
The Rental Market in Waco (zip 76704)
- Renters make up 55.4% of the Waco (zip 76704) population
- 2.5% of houses and apartments in Waco (zip 76704), 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.