Is Wichita Falls, TX 76308 a buyer’s or seller’s market?
Wichita Falls is a seller’s market. With about 2.3 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.
More competitive than 17% of U.S. ZIP codes, and #477 of 868 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 August 31, 2026. See the breakdown
The Wichita Falls housing market right now
In the three months ending August 31, 2026, 0% of homes in Wichita Falls, TX 76308 sold above their list price, the typical home went under contract in 55 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 91 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (69 days then) and the median sale price fell 8% to $249,516. Overall, Wichita Falls is more competitive than a year ago, so tougher for buyers.
Within Wichita County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Wichita Falls ranks #477 of 868 TX ZIP codes with enough sales (score 22 out of 100).
Nearby, Wichita Falls 76306 (2% sold over asking) is even more competitive.
Run the numbers for 76308
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 2.3 months of supply in Wichita Falls, TX 76308 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 55 days in the latest three months.
Do homes in Wichita Falls sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.4% of the 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 $249,516 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