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, plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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.
compiled a list of cities with the most expensive homes in the Wichita Falls metro area using data from . Charts show the monthly typical home value since January 2018. All 12 cities and towns with data available were included in the list.
#12. Olney, TX
- Typical home value: $121,251
- 1-year price change: -2.1%
- 5-year price change: +39.6%
#11. Archer City, TX
- Typical home value: $148,106
- 1-year price change: +8.5%
- 5-year price change: data not available
#10. Wichita Falls, TX
- Typical home value: $178,137
- 1-year price change: +1.0%
- 5-year price change: +26.5%
#9. Henrietta, TX
- Typical home value: $181,022
- 1-year price change: +0.4%
- 5-year price change: +16.8%
#8. Holliday, TX
- Typical home value: $184,403
- 1-year price change: +3.9%
- 5-year price change: data not available
#7. Burkburnett, TX
- Typical home value: $184,449
- 1-year price change: +0.7%
- 5-year price change: +28.9%
#6. Iowa Park, TX
- Typical home value: $202,050
- 1-year price change: +6.4%
- 5-year price change: +36.9%
#5. Pleasant Valley, TX
- Typical home value: $225,200
- 1-year price change: +2.8%
- 5-year price change: +28.8%
#4. Scotland, TX
- Typical home value: $228,380
- 1-year price change: +5.7%
- 5-year price change: data not available
#3. Bellevue, TX
- Typical home value: $238,650
- 1-year price change: +2.7%
- 5-year price change: -5.5%
#2. Cashion Community, TX
- Typical home value: $294,626
- 1-year price change: +2.8%
- 5-year price change: +27.0%
#1. Windthorst, TX
- Typical home value: $312,138
- 1-year price change: +4.8%
- 5-year price change: +5.7%