Cities with the most expensive homes in the Wichita Falls metro area
Cities with the most expensive homes in the Wichita Falls metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Wichita Falls metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
#9. Olney, TX
- Typical home value: $96,327
- 1-year price change: +9.5%
- 5-year price change: +80.9%
#8. Iowa Park, TX
- Typical home value: $148,422
- 1-year price change: +3.1%
- 5-year price change: +64.3%
#7. Henrietta, TX
- Typical home value: $157,082
- 1-year price change: -3.8%
- 5-year price change: +34.3%
#6. Wichita Falls, TX
- Typical home value: $160,882
- 1-year price change: +3.9%
- 5-year price change: +60.0%
#5. Burkburnett, TX
- Typical home value: $163,813
- 1-year price change: +4.4%
- 5-year price change: +58.8%
#4. Bellevue, TX
- Typical home value: $168,487
- 1-year price change: -8.7%
- 5-year price change: +12.3%
#3. Pleasant Valley, TX
- Typical home value: $195,091
- 1-year price change: +5.1%
- 5-year price change: +54.6%
#2. Windthorst, TX
- Typical home value: $250,131
- 1-year price change: -4.7%
- 5-year price change: +17.2%
#1. Cashion Community, TX
- Typical home value: $263,735
- 1-year price change: +3.2%
- 5-year price change: +55.6%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
