The housing market in Wichita Falls, TX Metro Area is booming. The median housing value is currently $150,000 - significantly lower than the US median of $338,100 - and has seen a dramatic 15.14% appreciation over the last year compared to the US average of 8.27%. This makes it an ideal location for those looking for affordable housing with excellent potential for growth in value. With a vibrant economy and plenty of amenities nearby, Wichita Falls offers an ideal combination of affordability and quality of life.
The median home cost in Wichita Falls Metro Area is $150,000. Home appreciation the last 10 years has been 76.5%. Home Appreciation in Wichita Falls Metro Area is up 16.7%.
Average Age of Homes
- The median age of Wichita Falls Metro Area real estate is 46 years old
The Rental Market in Wichita Falls Metro Area
- Renters make up 29.7% of the Wichita Falls Metro Area population
- 4.0% of houses and apartments in Wichita Falls Metro Area, 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.