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 $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.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: $119,915
- 1-year price change: +3.3%
- 5-year price change: +49.1%
#11. Archer City, TX
- Typical home value: $145,278
- 1-year price change: +7.8%
- 5-year price change: data not available
#10. Wichita Falls, TX
- Typical home value: $172,051
- 1-year price change: -0.9%
- 5-year price change: +31.8%
#9. Holliday, TX
- Typical home value: $176,141
- 1-year price change: -1.0%
- 5-year price change: data not available
#8. Burkburnett, TX
- Typical home value: $179,063
- 1-year price change: -0.6%
- 5-year price change: +34.1%
#7. Henrietta, TX
- Typical home value: $181,324
- 1-year price change: -0.4%
- 5-year price change: +21.5%
#6. Iowa Park, TX
- Typical home value: $192,109
- 1-year price change: +3.3%
- 5-year price change: +41.9%
#5. Scotland, TX
- Typical home value: $215,048
- 1-year price change: -0.9%
- 5-year price change: data not available
#4. Pleasant Valley, TX
- Typical home value: $216,126
- 1-year price change: -0.1%
- 5-year price change: +33.4%
#3. Bellevue, TX
- Typical home value: $240,131
- 1-year price change: -0.6%
- 5-year price change: -1.6%
#2. Cashion Community, TX
- Typical home value: $282,491
- 1-year price change: +0.7%
- 5-year price change: +31.9%
#1. Windthorst, TX
- Typical home value: $298,502
- 1-year price change: +1.4%
- 5-year price change: +7.5%