Home prices by school districts in WacoHome prices by school districts in Wacohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=80082013-03-07T13:55:00Z2013-03-07T10:00:00Z

WACO - Waco continues to show gains in home prices, reflecting a strong housing market. Home prices increased 6.4 percent in January 2013 from January 2012, according to CoreLogic. Prices increased 3.3 percent when the sale of distress properties is included.

A report released by Amarillo-based economist Karr Ingham showed the average sales price for a home in Waco jumped to $147,337 in January from $125,528 a year ago, an increase of 17 percent.

A total of 1,935 residential homes were sold in McLennan County in 2012, a 13.9 percent increase from the 1,695 sold the previous year, according to Gary Russell with Russell Realty Group.

The City of Waco issued 54 permits in February 2013 to build single-family homes, up from 49 in February 2012, according to Cathy Groppe with the city’s inspection department.

2012 Average Home Price in Waco Schools Districts
School District Average
Home Price
China Spring ISD $182,834
Connally ISD $119,818
Lorena ISD $200,062
Midway ISD $187,445
Robinson ISD $155,156
Waco ISD $101,127

Source: Gary Russell, Russell Realty Group

Waco Tribune-Herald
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