Wichita Falls, TX Foreclosures
How much do homes sell for in Wichita Falls, TX?
The average home price is currently $198,291.
In Wichita Falls, TX, how many homes are available?
There are currently 1 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 $1,120.
What is the most expensive home in Wichita Falls?
The most expensive home sold in Wichita Falls had a price of $10,394,980.
What is currently the cheapest priced home in Wichita Falls, TX?
The cheapest home for sale in Wichita Falls is priced at $10,967.
Living in Wichita Falls, TX
Wichita Falls is a vibrant city located in North Texas known for its beautiful parks, rich history, and friendly community atmosphere. With a diverse range of activities from cultural events to outdoor adventures, residents enjoy a high quality of life. The city’s affordability combined with good schools and amenities makes it an attractive place for families and individuals alike.
Current Market Conditions in Wichita Falls, TX
The real estate market in Wichita Falls, TX, has shown remarkable stability over the past year. Demand for housing is strong, reflecting a steady influx of new residents seeking affordable living in a vibrant city. Homes are selling relatively quickly, and the market is seeing a healthy balance of new listings and buyer interest, keeping prices competitive.
Recent trends indicate an increase in home prices, driven by low inventory and rising demand from families and individuals relocating to the area. The economic growth in Wichita Falls, bolstered by local industries and improvements in infrastructure, continues to attract buyers looking for homes that provide both value and quality of life.
Home Value Estimator For Wichita Falls, TX
There are currently 36,245 real estate properties
in Wichita Falls, TX,
with a median automated valuation model (AVM) price
of $168,838.00. 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 $198,291.00, with the most expensive house
in Wichita Falls, TX, topping out
at $10,394,980.00 and the cheapest home
in Wichita Falls, TX,
clocking in at $10,967.00. 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 $1,120.00. 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.
Learn more on Foreclosure homes
