Wichita Falls, TX is an attractive place for potential homebuyers due to the affordable median housing value of $144,000. This is significantly lower than the US median house value of $338,100. In addition, Wichita Falls has seen a 15.22% appreciation rate in housing prices over the course of one year - much higher than the national average of 8.27%. This makes Wichita Falls an attractive option for people looking for a great investment opportunity in real estate.
The median home cost in Wichita Falls is $144,000. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Wichita Falls is up 16.6%.
Average Age of Homes
- The median age of Wichita Falls real estate is 47 years old
The Rental Market in Wichita Falls
- Renters make up 36.4% of the Wichita Falls population
- 5.3% of houses and apartments in Wichita Falls, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.