January's First-Time Homebuyer Report for Lake Kiowa

Lake Kiowa is an average-sized city in Texas with 1,906 residents. Its population is also growing about even with others at a 10-year growth rate of 1.3%. Lake Kiowa is an area where most people own their homes, with an ownership ratio of 66.4%. Heading the list of top schools in the city is Sivells Bend Elementary School.

Culture

According to Foursquare, Lake Kiowa Lodge is the most popular spot to eat in Lake Kiowa.

Price Range

Lake Kiowa has some of the more expensive homes in the state with a median home value of $184,500 and a current average list price of $298,601. The Lake Kiowa market pulled back with a 22.2% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 7.8 monthly average with seven homes sold.

Curious as to which homes have been getting the most attention in Lake Kiowa? These listings have stirred up interest and produced the most views:

$143K   $219K   $525K  

Typical Dwelling

A three-bedroom detached home valued around $318,479 is considered a typical dwelling in Lake Kiowa. If a buyer was looking for a similar home, they would need good credit and a $63,696 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $817 and the property tax rate is $13.01 per $1,000 of taxable assessed value.

Get started right now by checking out Lake Kiowa homes for sale or reviewing Lake Kiowa real estate trends.


Data reported through 1/12/2017

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