The housing market in Wichita Falls, TX (76310) is incredibly strong. The median home value is $219,400, which is significantly lower than the nationwide median value of $338,100. But this small difference belies the strength of the local housing market. In fact, over the past year there has been a 15.22% appreciation in property values in Wichita Falls - far higher than the national average of 8.27%. This indicates that not only are homeowners experiencing good value retention in their homes, but also that potential buyers can expect to benefit from a vibrant and robust real estate market in the area.
The median home cost in Wichita Falls (zip 76310) is $219,400. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Wichita Falls (zip 76310) is up 16.6%.
Average Age of Homes
- The median age of Wichita Falls (zip 76310) real estate is 33 years old
The Rental Market in Wichita Falls (zip 76310)
- Renters make up 28.2% of the Wichita Falls (zip 76310) population
- 3.2% of houses and apartments in Wichita Falls (zip 76310), 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.