The housing market in Wichita Falls, TX (76305) is thriving. The median value for a home in the area is $179,600, much lower than the national median of $338,100. In the last year, house appreciation in Wichita Falls has been 15.22%, which is far higher than the US average of 8.27%. This makes it an attractive option for anyone looking to buy or invest in real estate in the area. With its relatively low cost and high rate of appreciation, the housing market in Wichita Falls make it an excellent option for potential homeowners.
The median home cost in Wichita Falls (zip 76305) is $179,600. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Wichita Falls (zip 76305) is up 16.6%.
Average Age of Homes
- The median age of Wichita Falls (zip 76305) real estate is 40 years old
The Rental Market in Wichita Falls (zip 76305)
- Renters make up 9.5% of the Wichita Falls (zip 76305) population
- 2.7% of houses and apartments in Wichita Falls (zip 76305), 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.