Wichita Falls, TX (zip code 76306) is an area with a comparatively lower housing median value than the US average. The median value for homes in Wichita Falls is $121,300, while the US median value is $338,100. However, this area has experienced higher appreciation than the national average over the past year; Wichita Falls' house appreciation stands at 15.22%, compared to 8.27% nationwide. This may signal a potential opportunity for investors looking to purchase property in the area.
The median home cost in Wichita Falls (zip 76306) is $121,300. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Wichita Falls (zip 76306) is up 16.6%.
Average Age of Homes
- The median age of Wichita Falls (zip 76306) real estate is 45 years old
The Rental Market in Wichita Falls (zip 76306)
- Renters make up 30.7% of the Wichita Falls (zip 76306) population
- 5.7% of houses and apartments in Wichita Falls (zip 76306), 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.