Is Electra, TX 76360 a buyer’s or seller’s market?
Electra 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.
The Electra housing market right now
In the three months ending August 31, 2026, 0% of homes in Electra, TX 76360 sold above their list price, the typical home went under contract in 112 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 11 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (108 days then) and the median sale price rose 52% to $118,949. Overall, Electra is about as competitive as it was a year ago.
Within Wichita County, homes here sell more slowly, and 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 76360
Nearby markets
Burkburnett 76354Seller’s market $136 /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 Electra nearby
Find towns like Electra in other states →Where Electra is
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Questions about Electra real estate
Is Electra a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Electra, TX 76360 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 Electra?
The typical home went under contract in 112 days in the latest three months.
Do homes in Electra sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Electra?
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 Electra?
The median sale price was $118,949 in the three months ending August 31, 2026, about $77 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