Wichita Falls, TX Housing Market & Real Estate

Buyer's market+6.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Wichita Falls, TX is $200,000, up 6.4% year-over-year. Homes sell in an average of 85 days with 409 active listings. The market is currently a buyer's market.

$200,000median sale price

Homes sold

95

Last 12 weeks

Days on market

85

Average pace

Active listings

409

4.3 months supply

Sale-to-list

94.7%

Below asking

Wichita Falls, TX market data

Current housing market statistics for Wichita Falls, TX
MetricValue
Median sale price$200,000
Median list price$197,500
Year-over-year price change+6.4%
Average days on market85 days
Active inventory409 listings
Months of supply4.3 months
Sale-to-list price ratio94.7%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Wichita Falls housing market is currently classified as a buyer's market with a median sale price of $200,000. Prices have risen 6.4% compared to last year, with homes spending an average of 85 days on market, indicating 4.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Wichita Falls

There are currently 409 homes listed for sale in Wichita Falls, Texas. The median listing price is $198K.

Active listings

409

Homes on market

Median list price

$198K

Avg. days on market

85

Days until sale

New this week

121

Newly listed

Price drops:24.0%of listings
Sale-to-list:94.7%

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Frequently asked questions

What is the average home price in Wichita Falls?

The median home sale price in Wichita Falls is $200,000, up 6.4% from last year.

How long do homes stay on market in Wichita Falls?

Homes typically spend 85 days on market before going under contract.

Is Wichita Falls a buyer's or seller's market?

With 4.3 months of supply, Wichita Falls is currently a buyer's market.

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