Wichita Falls, TX
Housing market overview · Updated weekly
$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
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
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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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