In Wichita Falls, TX (76311), the median value of housing is $169,000. This is significantly lower than the US House Median Value of $338,100. However, the housing in Wichita Falls has experienced an impressive appreciation rate of 15.22% in the past year, which is much higher than the national average of 8.27%. This suggests that both local and foreign investors are taking advantage of the relatively affordable housing and strong market appreciation in this area.
The median home cost in Wichita Falls (zip 76311) is $169,000. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Wichita Falls (zip 76311) is up 16.6%.
Average Age of Homes
- The median age of Wichita Falls (zip 76311) real estate is 48 years old
The Rental Market in Wichita Falls (zip 76311)
- Renters make up 89.1% of the Wichita Falls (zip 76311) population
- 2.0% of houses and apartments in Wichita Falls (zip 76311), 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.