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Is Wichita Falls, TX 76305 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wichita Falls is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$162▲ +25.9% vs. last year

The Wichita Falls housing market right now

In the three months ending August 31, 2026, 0% of homes in Wichita Falls, TX 76305 sold above their list price, the typical home went under contract in 57 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (96 days then) and the median sale price rose 29% to $318,862. Overall, Wichita Falls is more competitive than a year ago, so tougher for buyers.

Nearby, Henrietta 76365 (6% sold over asking) is even more competitive.

Run the numbers for 76305

Prefilled for 76305Can I win this house?Multiple-offer likelihood for a listing Prefilled for 76305Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bellevue 76228Buyer’s market $176 /sq ftHenrietta 76365Balanced $115 /sq ftPetrolia 76377 — /sq ft Browse all markets →

Towns like Wichita Falls nearby

Find towns like Wichita Falls in other states →
Henrietta, TX76365 · 15 miles away87% similarVery close on income, prices and more Burkburnett, TX76354 · 12 miles away84% similarlarger Comanche, OK73529 · 35 miles away81% similarcheaper homes ($71K less) Wichita Falls, TX76310 · 14 miles away76% similarpricier homes ($40K more) · larger

Where Wichita Falls is

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Questions about Wichita Falls real estate

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

A seller’s market: there were 3.2 months of supply in Wichita Falls, TX 76305 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Wichita Falls?

The typical home went under contract in 57 days in the latest three months.

Do homes in Wichita Falls sell over asking?

0% of homes sold above their original list price.

What are property taxes in Wichita Falls?

About 1.27% of a home’s value a year in Clay County, or roughly $5,080 on a $400,000 home.

What is the median home price in Wichita Falls?

The median sale price was $318,862 in the three months ending August 31, 2026, about $162 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology