Wichita Falls has 41,842 housing units that include single family homes, condominiums, apartments and some mobile homes. There are rental apartments, rent to own houses and homes that residents have bought. At least one fourth of these homes were built between 1940 and 1960 during an upswing in the housing market. The median home price is $94,800, while the average listing price is much higher at $179,990. That being said, the average sale price for a home in Wichita Falls is a bit lower, at $121,300. There are quite a few opportunities to find excellent home prices here because the vacancy rate is quite high at 11.2%. This is a renter's and buyer's market!
Shopping in Wichita Falls is more exciting than one might initially think! Somewhere In Time Antique Mall over on Ohio Street is a 12,000 square foot store filled with European and American antiques, all artfully displayed and temptingly priced. If you aren't interested in the old, head over to Three Dog Books on Scott Avenue and browse the shelves. Hopefully you will find your next nightstand book and snatch it up! However, if you are more of the one-stop kind of person, the Sikes Senter Mall on Midwestern Parkway might be more to your liking. There are over 80 stores to browse and pilfer, all inside and air conditioned for your comfort.
Shopping isn't the only thing to do in Wichita Falls. Locals enjoy getting out and going dancing at Texas Nite Life over on Archer City Hwy or pushing their vocals chords to the limit at Krank It Karoke Kafe on N Scott Avenue. However, if dancing and singing are too active for your tastes, the Water Hole on Old Iowa Park Road is a local favorite for hanging out and enjoying a beer with friends. One last place absolutely worth mentioning is The Outskirts out on Old Jacksboro Hwy. If you want to experience a real Texas honky-tonk where Stetsons, Ropers and line dancing are the norm, then this is the bar for you!
Wichita Falls Neighborhoods
Wichita Falls has a lot going on within its borders. Here are some neighborhoods to check out:
Seymour Hwy & Barnett Rd:The Seymour Hwy & Barnett Rd neighborhood is a suburban area filled with homes mostly built between 1940 - 1969. The average rent is very palatable in this neighborhood and the average vacancy rate is up at 16.4%. With an above average safety rating and a quiet, peaceful atmosphere, this neighborhood is perfect for those looking to retire or for those looking for a safe place to raise a family.
Midwestern State/ Taft Blvd:Another popular neighborhood is the Midwestern State University / Taft Blvd area. With Lake Wichita to the south, South Weeks Park to the east and Sikes Lake at it's center, this is an outdoor lover's neighborhood. In this urban neighborhood, the average rent is very affordable and the vacancy rate is only 3.6%. So if you are hoping to find an apartment to rent or a home with a rental option, you need to give yourself a little time to search.
Granada:Another notable neighborhood is the Granada Dr & Haiti Dr area. Prices in this neighborhood are sure to put a smile on your face, but as you can tell, that is pretty standard in Wichita Falls. The area is very hip, somewhat eccentric and extremely walkable. The home and rental vacancy rates combined are at 11.1% in this neighborhood, so there are good opportunities for finding the perfect place for yourself or your family.