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 $362,143 in August, 2.5% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 19, the 30-year fixed mortgage rate sits at 6.09%.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: $109,440
- 1-year price change: +8.9%
- 5-year price change: +79.1%
#8. Iowa Park, TX
- Typical home value: $154,104
- 1-year price change: +1.9%
- 5-year price change: +58.9%
#7. Henrietta, TX
- Typical home value: $162,087
- 1-year price change: -3.6%
- 5-year price change: +28.5%
#6. Wichita Falls, TX
- Typical home value: $168,224
- 1-year price change: +2.1%
- 5-year price change: +56.5%
#5. Burkburnett, TX
- Typical home value: $174,106
- 1-year price change: +4.7%
- 5-year price change: +58.5%
#4. Bellevue, TX
- Typical home value: $179,035
- 1-year price change: -8.3%
- 5-year price change: +8.7%
#3. Pleasant Valley, TX
- Typical home value: $210,610
- 1-year price change: +3.8%
- 5-year price change: +54.0%
#2. Windthorst, TX
- Typical home value: $274,194
- 1-year price change: +1.2%
- 5-year price change: +18.0%
#1. Cashion Community, TX
- Typical home value: $281,861
- 1-year price change: +0.6%
- 5-year price change: +55.8%