Cities with the fastest growing home prices in Wichita Falls metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Wichita Falls metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Wichita Falls, TX metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 13 cities and towns with data available were included in the list.

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1 / 13
Stacker

#13. Megargel, Megargel

- 1-year price change: +$4,137 (+5.3%)
- 5-year price change: +$22,730 (+38.4%)
- Typical home value: $81,954 (#13 most expensive city in metro)
2 / 13
Stacker

#12. Olney, Olney

- 1-year price change: +$15,097 (+18.6%)
- 5-year price change: +$30,335 (+45.9%)
- Typical home value: $96,452 (#12 most expensive city in metro)
3 / 13
Stacker

#11. Scotland, Scotland

- 1-year price change: +$16,065 (+11.2%)
- 5-year price change: +$41,854 (+35.5%)
- Typical home value: $159,864 (#5 most expensive city in metro)
4 / 13
Stacker

#10. Iowa Park, Iowa Park

- 1-year price change: +$17,084 (+13.6%)
- 5-year price change: +$43,063 (+43.1%)
- Typical home value: $142,957 (#9 most expensive city in metro)
5 / 13
Stacker

#9. Holliday, Holliday

- 1-year price change: +$17,105 (+15.1%)
- 5-year price change: +$37,438 (+40.2%)
- Typical home value: $130,592 (#10 most expensive city in metro)

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6 / 13
Stacker

#8. Archer City, Archer City

- 1-year price change: +$17,734 (+15.9%)
- 5-year price change: +$39,671 (+44.4%)
- Typical home value: $128,956 (#11 most expensive city in metro)
7 / 13
Stacker

#7. Wichita Falls, Wichita Falls

- 1-year price change: +$18,095 (+13.5%)
- 5-year price change: +$48,457 (+46.6%)
- Typical home value: $152,519 (#6 most expensive city in metro)
8 / 13
Stacker

#6. Burkburnett, Burkburnett

- 1-year price change: +$20,916 (+16.0%)
- 5-year price change: +$47,533 (+45.6%)
- Typical home value: $151,730 (#7 most expensive city in metro)
9 / 13
Stacker

#5. Henrietta, Henrietta

- 1-year price change: +$24,241 (+19.4%)
- 5-year price change: +$44,859 (+42.9%)
- Typical home value: $149,509 (#8 most expensive city in metro)
10 / 13
Stacker

#4. Pleasant Valley, Pleasant Valley

- 1-year price change: +$28,364 (+18.4%)
- 5-year price change: +$55,646 (+43.9%)
- Typical home value: $182,420 (#3 most expensive city in metro)

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11 / 13
Stacker

#3. Windthorst, Windthorst

- 1-year price change: +$30,958 (+14.0%)
- 5-year price change: +$69,407 (+38.1%)
- Typical home value: $251,590 (#2 most expensive city in metro)
12 / 13
Stacker

#2. Bellevue, Bellevue

- 1-year price change: +$36,410 (+26.5%)
- 5-year price change: +$57,665 (+49.7%)
- Typical home value: $173,767 (#4 most expensive city in metro)
13 / 13
Stacker

#1. Cashion Community, Cashion Community

- 1-year price change: +$44,291 (+21.0%)
- 5-year price change: +$88,809 (+53.3%)
- Typical home value: $255,373 (#1 most expensive city in metro)

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