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 $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the sits at 6.06%.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: $113,418
- 1-year price change: +4.8%
- 5-year price change: +56.7%
#11. Archer City, TX
- Typical home value: $137,013
- 1-year price change: +4.8%
- 5-year price change: data not available
#10. Holliday, TX
- Typical home value: $164,690
- 1-year price change: -5.4%
- 5-year price change: data not available
#9. Wichita Falls, TX
- Typical home value: $168,062
- 1-year price change: -1.1%
- 5-year price change: +36.2%
#8. Henrietta, TX
- Typical home value: $171,878
- 1-year price change: -1.4%
- 5-year price change: +20.3%
#7. Burkburnett, TX
- Typical home value: $178,570
- 1-year price change: -0.3%
- 5-year price change: +39.0%
#6. Iowa Park, TX
- Typical home value: $186,162
- 1-year price change: +2.2%
- 5-year price change: +45.1%
#5. Scotland, TX
- Typical home value: $201,545
- 1-year price change: -4.8%
- 5-year price change: data not available
#4. Pleasant Valley, TX
- Typical home value: $210,685
- 1-year price change: -0.2%
- 5-year price change: +37.2%
#3. Bellevue, TX
- Typical home value: $223,333
- 1-year price change: -2.9%
- 5-year price change: -1.2%
#2. Cashion Community, TX
- Typical home value: $273,922
- 1-year price change: +0.2%
- 5-year price change: +36.9%
#1. Windthorst, TX
- Typical home value: $284,873
- 1-year price change: -0.2%
- 5-year price change: +6.5%