Wichita Falls, TX Foreclosures
How much do homes sell for in Wichita Falls, TX?
The average home price is currently $198,828.
In Wichita Falls, TX, how many homes are available?
There are currently 352 active home listings available in Wichita Falls.
What’s the average rental cost in Wichita Falls, TX?
The average rental price in Wichita Falls is $1,118.
What is the most expensive home in Wichita Falls?
The most expensive home sold in Wichita Falls had a price of $10,221,520.
What is currently the cheapest priced home in Wichita Falls, TX?
The cheapest home for sale in Wichita Falls is priced at $10,871.
Living in Wichita Falls, TX
Wichita Falls is a vibrant community located in North Texas, known for its rich history, cultural attractions, and outdoor recreational activities. The city's economy is diverse, offering a variety of job opportunities, and it boasts a friendly atmosphere that makes it a great place for families. With its growing real estate market, Wichita Falls is an attractive option for homebuyers looking for affordable housing.
Current Market Conditions in Wichita Falls, TX
The real estate market in Wichita Falls is showing steady growth, driven by a combination of affordable housing and an increase in demand from both buyers and investors. As more people discover the advantages of living in this city, the trend is leaning towards rising property values, making it an attractive choice for homebuyers and sellers alike. Homes in this area often sell quickly due to the favorable market conditions, creating opportunities for new developments and renovations.
Month over month, the market has demonstrated a resilient housing demand, with an increase in listings and a slight uptick in sale prices. Neighborhoods that were once considered more rural are now becoming increasingly desired due to their space and proximity to city amenities. This trend suggests that Wichita Falls may continue to experience growth, with more individuals looking for housing as remote work trends encourage relocation.
Over the past year, Wichita Falls has witnessed a notable change in its real estate landscape. Home prices have continued to rise, reflecting the increasing desirability of living in the city, especially among those seeking affordable alternatives to larger metropolitan areas. With construction and renovation projects underway, the city's appeal is likely to persist, solidifying its reputation as a growing hub in North Texas.
Home Value Estimator For Wichita Falls, TX
There are currently 37,383 real estate properties
in Wichita Falls, TX,
with a median automated valuation model (AVM) price
of $166,153.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wichita Falls, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Wichita Falls, TX,
is $198,828.00, with the most expensive house
in Wichita Falls, TX, topping out
at $10,221,520.00 and the cheapest home
in Wichita Falls, TX,
clocking in at $10,871.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wichita Falls, TX!
Rent Prices
In Wichita Falls, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wichita Falls, TX, is on
a rollercoaster ride. The
average rent price in Wichita Falls, TX,
is $1,118.00. Indeed, when looking to rent in
Wichita Falls, TX, you can expect to pay as little
as $450.00 or as much
as $3,220.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Wichita Falls, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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