Market Intelligence Report — TX-660

Wichita Falls, TX

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TX-09
As of the latest 2026 data
Very Weak

Median Listing

$216K
+8.0% YoY

Pending Ratio

0.18
+4.8% YoY

Active Inventory

479
-21.7% YoY

Median DOM

59 Days
-9.2% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very weak Wichita Falls market?

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The Wichita Falls housing market is currently Very Weak, characterized by a low demand absorption relative to supply. The pending ratio stands at 0.18, indicating that demand absorption is severely lagging the available inventory. Despite a slight monthly increase in median listing price, broader market dynamics reflect significant weakness.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.9%-0.1 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

149,448+0.0% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Wichita Falls market right now.

Active listings have contracted by 21.7% over the past year, while new listings saw a modest annual increase of 6.7%. The median listing price has shown an 8.0% increase year-over-year, alongside a 0.5% gain month-over-month. However, demand indicators remain suppressed, with the pending ratio at 0.18, albeit representing a 4.8% increase over the past year from a lower base.

Historical Analysis

Market Trends

Median Price

$216K+0.5% MoM

Active Inventory

479-21.7% YoY

Days on Market

59-9.2% YoY

Sold Score™

33+4.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

33
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market conditions reflect a significant imbalance, with limited competition for available properties. The extended median days on market, currently 59, suggests properties are taking longer to go under contract. This reduced pace of transactions indicates a market where buyers have more time to evaluate options, leading to less urgency in negotiations.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

479 active listings represent the current floor, with new supply arriving at roughly 160 per month.

Pricing Pressure
22.2%

of active listings carry a price reduction, +1.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.8% year-over-year.

Absorption
0.18

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Wichita Falls, TX? Homes here are taking 6 days less to sell than last year.

Buyers have leverage in Wichita Falls, TX. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
18%
Median Days on Market
59 days
Inventory YoY
−22%

In a buyer's market, strategy beats timing. See how your home scores in Wichita Falls, TX and what moves the number.

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Metro Demographics

Metro Area
Wichita Falls, TX
CBSA Code
48660
State
TX

ZIPs in Wichita Falls, TX

Sorted by active inventory · click a ZIP for its full report