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 $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.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: $102,757
- 1-year price change: +9.1%
- 5-year price change: +80.5%
#8. Iowa Park, TX
- Typical home value: $150,646
- 1-year price change: +3.8%
- 5-year price change: +64.5%
#7. Henrietta, TX
- Typical home value: $157,522
- 1-year price change: -3.1%
- 5-year price change: +33.0%
#6. Wichita Falls, TX
- Typical home value: $164,220
- 1-year price change: +4.9%
- 5-year price change: +60.2%
#5. Burkburnett, TX
- Typical home value: $166,566
- 1-year price change: +5.0%
- 5-year price change: +59.6%
#4. Bellevue, TX
- Typical home value: $177,282
- 1-year price change: -8.5%
- 5-year price change: +11.1%
#3. Pleasant Valley, TX
- Typical home value: $198,393
- 1-year price change: +5.8%
- 5-year price change: +55.3%
#2. Windthorst, TX
- Typical home value: $256,982
- 1-year price change: -2.2%
- 5-year price change: +18.4%
#1. Cashion Community, TX
- Typical home value: $271,182
- 1-year price change: +3.5%
- 5-year price change: +55.9%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
