Is Wichita Falls, TX 76306 a buyer’s or seller’s market?
Wichita Falls is a seller’s market. With about 3.2 months of supply and 2% 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.
More competitive than 8% of U.S. ZIP codes, and #687 of 881 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Wichita Falls housing market right now
In the three months ending August 31, 2026, 2% of homes in Wichita Falls, TX 76306 sold above their list price, the typical home went under contract in 64 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 49 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (2% then), homes sold faster (69 days then) and the median sale price held steady to $174,874. Overall, Wichita Falls is about as competitive as it was a year ago.
Within Wichita County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Iowa Park 76367 (0% sold over asking) or Electra 76360 (0% sold over asking).
Run the numbers for 76306
Nearby markets
Burkburnett 76354Seller’s market $136 /sq ftElectra 76360Seller’s market $77 /sq ftIowa Park 76367Balanced $133 /sq ftWichita Falls 76301Seller’s market $78 /sq ft Browse all markets →Towns like Wichita Falls nearby
Find towns like Wichita Falls in other states →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 76306 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 64 days in the latest three months.
Do homes in Wichita Falls sell over asking?
2% of homes sold above their original list price.
What are property taxes in Wichita Falls?
About 1.64% of a home’s value a year in Wichita County, or roughly $6,560 on a $400,000 home.
What is the median home price in Wichita Falls?
The median sale price was $174,874 in the three months ending August 31, 2026, about $131 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