Is Wichita Falls, TX 76309 a buyer’s or seller’s market?
Wichita Falls is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 5% of U.S. ZIP codes, and #753 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 76309 sold above their list price, the typical home went under contract in 62 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 57 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (71 days then) and the median sale price rose 59% to $214,907. Overall, Wichita Falls is more competitive than a year ago, so tougher for buyers.
Within Wichita County, homes here sell faster than in 57% 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 #753 of 868 TX ZIP codes with enough sales (score 12 out of 100).
Nearby, Wichita Falls 76306 (2% sold over asking) is even more competitive.
Run the numbers for 76309
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 balanced market: there were 4.1 months of supply in Wichita Falls, TX 76309 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 62 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 85.3% 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 $214,907 in the three months ending August 31, 2026, about $117 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