Waco home prices rising, still affordable statewide, nationallyWaco home prices rising, still affordable statewide, nationallyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=146192016-09-27T05:00:00Z2016-09-27T20:30:00Z

​​​​WACO - The average price for a four-bedroom, two-bath home in Greater Waco stands at $196,940.

The 2016 ​Coldwell Banker Home Listing Report compiles a list of the most affordable markets in America.

​Waco ranked 93rd in average price among the 116 metropolitan areas in Texas, behind Carthage at $200,082 and ahead of Stephenville at $196,490.

The going price for a home in Waco and its suburbs has been climbing in the past year to 18 months, local real estate agents said.

Amarillo-based economist Karr Ingham’s latest snapshot revealed the average price for an existing home sold in July reached $196,344, which was 13.3 percent higher than the $173,227 in July a year earlier. 

For the year through July, the average was $180,907, which was 6.5 percent more than the $169,843 during the same period in 2015.

Waco Tribune-Herald
http://www.wacotrib.com/news/business/waco-home-prices-rising-but-still-affordable-in-statewide-national/article_845af3df-82ff-562b-a33a-c97cad50e236.htmlSource: {Source}

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