Zip 31503 (Waycross, GA) Housing

The housing market in 31503 Waycross, GA is thriving. The median value of homes in this area currently stands at $114,000, significantly lower than the national house median value of $338,100. However, what makes this area so attractive to prospective home buyers is its impressive 1 year house appreciation rate of 14.29%, far exceeding the US 1 year house appreciation rate of 8.27%. Property values in this area are increasing at a rapid rate and it is a great time to purchase a house here.

The median home cost in Waycross (zip 31503) is $114,000. Home appreciation the last 10 years has been 89.3%. Home Appreciation in Waycross (zip 31503) is up 21.0%.

Average Age of Homes

- The median age of Waycross (zip 31503) real estate is 34 years old

The Rental Market in Waycross (zip 31503)

- Renters make up 29.5% of the Waycross (zip 31503) population
- 1.2% of houses and apartments in Waycross (zip 31503), 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	Waycross, Georgia	United States
	8,959.0	139,647,020.0
	38	42
	$114,000	$338,100
	21.0%	16.6%
	55.3%	57.0%
	89.3%	101.1%
	$9.59	$10.98
	$925	$2,690
	58.3%	57.4%
	17.8%	11.2%
	23.9%	31.4%
Vacant Housing
	1.2%	1.9%
	0.8%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	14.0%	4.1%
Value of Owner-Occupied Housing
	11.3%	2.6%
	9.8%	2.4%
	12.0%	2.8%
	11.2%	3.9%
	6.7%	4.5%
	19.0%	11.3%
	14.9%	13.0%
	10.8%	20.1%
	1.4%	13.6%
	0.1%	8.3%
	2.6%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.4%	13.6%
	12.4%	13.6%
	19.7%	13.6%
	19.3%	13.2%
	14.3%	14.8%
	19.7%	13.6%
	9.1%	10.0%
	4.9%	4.7%
	4.1%	12.2%

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