Is Burkburnett, TX 76354 a buyer’s or seller’s market?
Burkburnett is a seller’s market. With about 3.1 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.
The Burkburnett housing market right now
In the three months ending August 31, 2026, 0% of homes in Burkburnett, TX 76354 sold above their list price, the typical home went under contract in 70 days and there were 3.1 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 (0% then), homes sold faster (97 days then) and the median sale price rose 12% to $233,349. Overall, Burkburnett is more competitive than a year ago, so tougher for buyers.
Within Wichita County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Wichita Falls 76306 (2% sold over asking) is even more competitive.
Run the numbers for 76354
Nearby markets
Electra 76360Seller’s market $77 /sq ftIowa Park 76367Balanced $133 /sq ftWichita Falls 76301Seller’s market $78 /sq ftWichita Falls 76302Seller’s market $133 /sq ft Browse all markets →Towns like Burkburnett nearby
Find towns like Burkburnett in other states →Where Burkburnett is
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Questions about Burkburnett real estate
Is Burkburnett a buyer’s or seller’s market?
A seller’s market: there were 3.1 months of supply in Burkburnett, TX 76354 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 Burkburnett?
The typical home went under contract in 70 days in the latest three months.
Do homes in Burkburnett sell over asking?
0% of homes sold above their original list price.
What are property taxes in Burkburnett?
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 Burkburnett?
The median sale price was $233,349 in the three months ending August 31, 2026, about $136 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