Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 6,589 people, 1,891 houses or apartments, and a median cost of homes of $239,809, house prices in Wolfforth are solidly below the national average.
Single-family detached homes are the single most common housing type in Wolfforth, accounting for 88.60% of the city's housing units. Other types of housing that are prevalent in Wolfforth include large apartment complexes or high rise apartments ( 5.13%), mobile homes or trailers ( 3.40%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.37%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wolfforth. Owner-occupied housing accounts for 78.64% of Wolfforth's homes, and 81.94% have either three or four bedrooms, which is average sized relative to America.
Wolfforth homes and real estate are some of the newest in America. 49.14% of Wolfforth's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Wolfforth real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 42.43%), and between 1940-1969 ( 8.44%).
Wolfforth's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Wolfforth during the period has been just 5.69%, which is lower than 70% of US communities.
Over the last year, Wolfforth appreciation rates have trailed the rest of the nation. In the last twelve months, Wolfforth's appreciation rate has been 4.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wolfforth were at -0.31%, which equates to an annual appreciation rate of -1.23%.
Notably, Wolfforth's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Wolfforth's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.
$239,809
for Texas
for nation
1,891
$1,632 / per month