
Home Price Key
These days, finding an affordable place to live in the Wizard Wells area can be challenging. Home prices in Wizard Wells are now at a median cost of $204,900, lower than the Texas average of $235,268.
The average cost of rent is $801/mo in Wizard Wells, primarily driven by the current value of real estate in the Wizard Wells area. While nearly 37.04% of residents own their homes outright in Wizard Wells, 10.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wizard Wells is $5,990 per month. Households that rent pay about 13.38% of their income on rent here. Wizard Wells's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
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