$2,255 Closing Credit*
$189,900
1,720 SqFt
4 Beds
•2 Full Baths
Kyle W. Duncan, Listing Office: Re/Max Pure
Is Waco, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Waco has remained a Seller's Market.
Key Takeaway
Waco is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waco, GA
How much do homes in Waco, GA cost?
Median Sold Price
$290,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+7.4%)
Key Takeaway
Homes in Waco have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Waco was $290,000 in November 2024, up 7.4% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144K | $330K | +129.2% |
| 3 Bedrooms | $301K | $222.5K | -26.1% |
| 4 Bedrooms | $349.9K | $335K | -4.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Waco housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 129.2%, 3 bedroom homes decreased by 26.1%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Waco | $256K | $310K | +21.1% |
| Waco | $270K | $290K | +7.4% |
| Bremen | $301K | $305.3K | +1.4% |
Housing Supply in Waco, GA
How many homes are available in Waco, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The Waco real estate market had 9 homes for sale in November 2024, a 50.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Waco housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Waco, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Waco in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Waco, GA
How long does it take to sell a home in Waco, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 12 Days | -50.0% |
Summary: Homes in Waco had an average of 12 days on market in Nov 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waco are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Waco; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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