Home prices
The median home price in Waco is $104,600. It is approximately $5,000 (5%) higher in comparison to the surrounding areas.Compared to the rest of the country it is approximately $112,900 (51%) lower, and in comparison to the city of Charlotte it is roughly $115,700 (52%) lower.
Rents
Waco's median monthly rent is $721. This is is very similar in comparison to its nearby areas.Compared to the nation as a whole it is about $341 (32%) lower, and it is roughly $414 (36%) lower compared to the city of Charlotte.
Nearby places
Cherryville
Cherryville is about 2 miles northeast of Waco. The real estate prices there are somewhat more expensive. The median home price in Cherryville is $125,600, which works out to $21,000 (16%) higher than Waco. Its rents are similar. Cherryville's median rent is $754 a month, which works out to $33 (4%) higher than Waco.
Light Oak
Light Oak is roughly 5 miles southwest of Waco. The housing prices there are a lot less expensive. The value of the median home in Light Oak is $67,500, which comes out to $37,100 (54%) lower than Waco. The rent there is a little more expensive. In Light Oak the median monthly rent is $903, which works out to $182 (20%) higher than Waco.
Fallston
Fallston is roughly 6 miles northwest from Waco. The real estate prices there are a bit more expensive. The median home price in Fallston is $110,600, which is $6,000 (5%) higher than Waco. Rents there are a lot less expensive. The median monthly rent in Fallston is $494, which works out to $227 (45%) lower than Waco.
Lawndale
Lawndale is about 7 miles northwest of Waco. The real estate prices there are a lot less expensive. The median home in Lawndale costs $75,000, which works out to $29,600 (39%) lower than Waco. Rents there are pretty similar. Lawndale's median monthly rent is $755, which works out to $34 (4%) higher than Waco.
Shelby
Shelby is about 7 miles southwest of Waco. Housing prices there are a bit more expensive. The median home in Shelby is valued at $119,300, which works out to $14,700 (12%) higher than Waco. Its rents are similar. In Shelby the median monthly rent is $707, which works out to $14 (1%) lower than Waco.
