Wichita Falls, TX Housing Market & Real Estate
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
| Metric | Value |
|---|---|
| Median sale price | $200,000 |
| Median list price | $197,500 |
| Year-over-year price change | +6.4% |
| Average days on market | 85 days |
| Active inventory | 409 listings |
| Months of supply | 4.3 months |
| Sale-to-list price ratio | 94.7% |
| Market condition | Buyer'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
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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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