Wolfforth, Texas Real Estate & Housing Market

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Wolfforth Housing Information

Index	Wolfforth	Texas	National
Median home price	$154,400	$142,700	$184,700
Median rent asked	$957	$911	$949
Avg. people per household	3.3	2.8	2.6
Owner occupied households	74.9%	61.9%	63.6%
Renter occupied households	25.1%	38.1%	36.4%

Above is a snapshot look at the real estate market in Wolfforth, TX. In Wolfforth, TX, the median house price is $154,400, making the price 8% higher than that the average for Texas. Therefore, the affordability of Wolfforth, TX area real estate is less affordable than the real estate in other areas of Texas. In addition, Wolfforth, TX has a median rent price of $957; this price is 5% higher than that the average rental price for Texas. 74.9% of residents in Wolfforth, TX are homeowners, and the average amount of people who reside in each home is 3.3. Wolfforth, TX has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Wolfforth, TX real estate for sale.

Wolfforth Home Affordability

When looking for real estate in Wolfforth, TX, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Wolfforth, TX, the median price of a home is $154,400 and $75,682 is the median household income. This means that the home price to income ratio is 2.0x, a ratio that is 22% lower than the average in Texas. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Wolfforth, TX will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Wolfforth, TX.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Meadow, TX	641	$53,100	71%
Ropesville, TX	372	$55,900	70%
Smyer, TX	554	$59,400	68%
New Deal, TX	793	$75,200	59%
New Home, TX	542	$77,500	58%
Wolfforth, TX	4,135	$154,400	16%

Cities with similar population

City, State	Population	Home Price	National Avg.
Cortland, IL	4,135	$146,500	21%
Grant, MN	4,134	$426,200	131%
Eldorado, IL	4,134	$49,700	73%
Wayland, MI	4,134	$97,900	47%
Gatlinburg, TN	4,138	$165,900	10%
Wolfforth, TX	4,135	$154,400	16%

Source: The Wolfforth, TX housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).