Market Intelligence Report — TX-660

Wichita Falls, TX

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

Ref. No: 2026-TX-08
As of the latest 2026 data
Very Weak

Median Listing

$215K
+7.5% YoY

Pending Ratio

0.19
+6.1% YoY

Active Inventory

510
-22.7% YoY

Median DOM

50 Days
-23.1% 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 market currently exhibits very weak conditions, characterized by a low pending ratio of 0.19. This indicates that demand absorption is significantly lagging behind available supply, despite a positive year-over-year change in the pending ratio. The median listing price has increased by 7.5% over the past year, reaching $215,000.

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

4.5%+0.4 pp YoY

Unemployment rate · Jul 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 22.7% over the past year, reaching 510 units, while new listings saw a modest increase of 2.3% during the same period. The median days on market has decreased by 23.1% year-over-year to 50 days, suggesting some increased pace for properties that do find buyers. However, the pending ratio of 0.19, despite a 6.1% year-over-year rise, underscores persistent weakness in demand relative to inventory. The median listing price has appreciated by 7.5% over the last year.

Historical Analysis

Market Trends

Median Price

$215K+1.2% MoM

Active Inventory

510-22.7% YoY

Days on Market

50-23.1% YoY

Sold Score™

38+6.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

38
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

In this market environment, negotiating leverage leans heavily towards securing favorable terms, given the substantial imbalance between available properties and buyer commitments. The low demand absorption reflected by the pending ratio suggests that properties may experience extended market durations without price adjustments. Inventory pressure is minimal on buyers, allowing for greater price discipline.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

510 active listings represent the current floor, with new supply arriving at roughly 180 per month.

Pricing Pressure
23.4%

of active listings carry a price reduction, +0.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.5% year-over-year.

Absorption
0.19

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Wichita Falls, TX? Homes here are taking 15 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
19%
Median Days on Market
50 days
Inventory YoY
−23%

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