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 $360,999 in September, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.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: $100,908
- 1-year price change: +7.6%
- 5-year price change: +78.8%
#8. Iowa Park, TX
- Typical home value: $152,189
- 1-year price change: +2.3%
- 5-year price change: +58.9%
#7. Henrietta, TX
- Typical home value: $157,316
- 1-year price change: -3.3%
- 5-year price change: +28.3%
#6. Wichita Falls, TX
- Typical home value: $166,562
- 1-year price change: +2.0%
- 5-year price change: +56.2%
#5. Burkburnett, TX
- Typical home value: $170,883
- 1-year price change: +4.5%
- 5-year price change: +57.9%
#4. Bellevue, TX
- Typical home value: $172,842
- 1-year price change: -8.6%
- 5-year price change: +7.4%
#3. Pleasant Valley, TX
- Typical home value: $204,091
- 1-year price change: +3.7%
- 5-year price change: +54.0%
#2. Windthorst, TX
- Typical home value: $265,278
- 1-year price change: +0.4%
- 5-year price change: +16.7%
#1. Cashion Community, TX
- Typical home value: $281,877
- 1-year price change: +0.6%
- 5-year price change: +55.0%