Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 5,455, 2,387 total housing units (homes and apartments), and a median house value of $301,085, Waynesville real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Waynesville, accounting for 67.87% of the city's housing units. Other types of housing that are prevalent in Waynesville include duplexes, homes converted to apartments or other small apartment buildings ( 21.60%), mobile homes or trailers ( 5.36%), and a few large apartment complexes or high rise apartments ( 2.84%).
The most prevalent building size and type in Waynesville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.06% owning and 40.94% renting.
Waynesville homes and real estate are some of the newest in America. 35.30% of Waynesville's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Waynesville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.35%), and between 1940-1969 ( 26.38%). There's also some housing in Waynesville built before 1939 ( 3.97%).
Vacant housing appears to be an issue in Waynesville. Fully 13.04% of the housing stock is classified as vacant. Left unchecked, vacant Waynesville homes and apartments can be a drag on the real estate market, holding Waynesville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Waynesville, where house values have increased just 45.52%, which is annualized rate of 3.82%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Waynesville appreciation rates have trailed the rest of the nation. In the last twelve months, Waynesville's appreciation rate has been 0.30%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Waynesville were at 2.66%, which equates to an annual appreciation rate of 11.08%.
Importantly, this makes Waynesville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Missouri, our data show that Waynesville's latest annual appreciation rate is lower than 90% of the other cities and towns in Missouri.
$301,085
for Missouri
for nation
2,387
$1,597 / per month