Housing in 31501 Waycross, GA is quite affordable compared to the US median value as it stands at $102,700. This is less than a third of the national median value of $338,100. But while the US housing appreciation rate sits at 8.27%, the 1 year house appreciation in 31501 Waycross, GA has been much higher with a rate of 14.29%. This suggests that housing prices in this area are rising faster than the rest of the country and might be a good investment option for potential home buyers.
The median home cost in Waycross (zip 31501) is $102,700. Home appreciation the last 10 years has been 89.3%. Home Appreciation in Waycross (zip 31501) is up 21.0%.
Average Age of Homes
- The median age of Waycross (zip 31501) real estate is 45 years old
The Rental Market in Waycross (zip 31501)
- Renters make up 37.5% of the Waycross (zip 31501) population
- 2.0% of houses and apartments in Waycross (zip 31501), 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.