The housing market in 76711 Waco, TX is strong compared to the national average. The median value of a house in this area is $141,200, which is significantly lower than the national median value of $338,100. In the last year, this area has seen an increase in house values of 17.68%, much higher than the 8.27% appreciation rate for houses nationally. This makes it an attractive area for potential buyers and home owners looking for a good return on their investment.
The median home cost in Waco (zip 76711) is $141,200. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Waco (zip 76711) is up 21.3%.
Average Age of Homes
- The median age of Waco (zip 76711) real estate is 50 years old
The Rental Market in Waco (zip 76711)
- Renters make up 40.3% of the Waco (zip 76711) population
- 0.3% of houses and apartments in Waco (zip 76711), 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.