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Featured local agent — Wichita Falls, TX
Sarah Mitchell
Compass Real Estate · Wichita Falls, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wichita Falls, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$225,000median sale price
How is the Wichita Falls, TX housing market right now?
The median home sale price in Wichita Falls, TX is $225,000, up 18.5% year-over-year. Homes sell in an average of 58 days with 366 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wichita Falls a buyer's or seller's market?
Wichita Falls, TX is currently a leaning buyer's, based on 3.3 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
111
Last 12 weeks
Days on market
58
Average pace
Active listings
366
3.3 months supply
Sale-to-list
90.6%
Below asking
What does the Wichita Falls housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $225,000 |
| Median list price | $175,000 |
| Year-over-year price change | +18.5% |
| Average days on market | 58 days |
| Active inventory | 366 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 90.6% |
| Median price per sq ft | $134/sq ft |
| Homes sold (latest month) | 111 |
| New listings (latest month) | 156 |
| Listings with a price cut | 23.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Wichita Falls by property type?
How the Wichita Falls, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $234,500 | $137/sq ft | 107 | 58 days |
Source: Redfin · Updated monthly
The Wichita Falls housing market is currently classified as a leaning buyer's with a median sale price of $225,000. Prices have risen 18.5% compared to last year, with homes spending an average of 58 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Wichita Falls
There are currently 366 homes listed for sale in Wichita Falls, Texas. The median listing price is $175K.
Active listings
366
Homes on market
Median list price
$175K
Avg. days on market
58
Days until sale
New this week
156
Newly listed
Who lives in Wichita Falls?
Population
102,558
Median income
$58,568/yr
Median age
33 years
Owner-occupied
57.0%
College grads
25.0%
Avg commute
14.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Wichita Falls?
Zillow home value
$178,137
Zillow rent index
$1,279/mo
Price-to-rent ratio
11.6x
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Wichita Falls?
Wichita Falls is a community of approximately 103K residents with a median age of 33 years.The median household income is $58,568, which represents a working-class community with solid middle-income opportunities. 25.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.0%, showing a blend of owner and renter-occupied properties. The average commute time is 14.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wichita Falls offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wichita Falls?
31 schools tracked · 14,295 students
The largest public schools serving Wichita Falls, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
RIDER H S
Grades 9-12 · 1,569 students
WICHITA FALLS H S
Grades 9-12 · 1,243 students
BARWISE MIDDLE
Grades 6-8 · 1,102 students
MCNIEL MIDDLE
Grades 6-8 · 1,043 students
HIRSCHI H S
Grades 8-12 · 770 students
CITY VIEW JUNIOR/SENIOR HIGH
Grades 6-12 · 638 students
ZUNDELOWITZ EL
Grades K-5 · 556 students
SOUTHERN HILLS EL
Grades PK-5 · 552 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wichita Falls, TX?
Want a head-to-head view? Compare Wichita Falls side-by-side with any other U.S. city using our market-comparison tool.
Is Wichita Falls a good real estate investment market?
For investors evaluating Wichita Falls, the price-to-rent ratio of 11.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 18.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Wichita Falls's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Wichita Falls's median home price.
Frequently asked questions
What is the average home price in Wichita Falls?
The median home sale price in Wichita Falls is $225,000, up 18.5% from last year.
How long do homes stay on market in Wichita Falls?
Homes typically spend 58 days on market before going under contract.
What is the median income in Wichita Falls?
The median household income is $58,568 per year.
Is Wichita Falls a buyer's or seller's market?
With 3.3 months of supply, Wichita Falls is currently a leaning buyer's.
What is the Zillow home value estimate for Wichita Falls?
The Zillow Home Value Index (ZHVI) for Wichita Falls is $178,137, representing the typical home value in the area.
How much does a single-family home cost in Wichita Falls?
The median single-family home price in Wichita Falls, TX is $234,500 (about $137 per square foot).
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