Wichita Falls, TX (76308) is an attractive housing market, boasting a median house value of $202,000 which is significantly lower than the national median of $338,100. Furthermore, the one year house appreciation rate for Wichita Falls is 15.22%, much higher than the US average of 8.27%. This makes it an excellent option for those looking to invest in real estate, as the rate of return on the investment is much higher than other markets across the country.
The median home cost in Wichita Falls (zip 76308) is $202,000. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Wichita Falls (zip 76308) is up 16.6%.
Average Age of Homes
- The median age of Wichita Falls (zip 76308) real estate is 43 years old
The Rental Market in Wichita Falls (zip 76308)
- Renters make up 39.3% of the Wichita Falls (zip 76308) population
- 7.8% of houses and apartments in Wichita Falls (zip 76308), 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.