Is Iowa Park, TX 76367 a buyer’s or seller’s market?
Iowa Park is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Iowa Park housing market right now
In the three months ending August 31, 2026, 0% of homes in Iowa Park, TX 76367 sold above their list price, the typical home went under contract in 62 days and there were 4.7 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 26 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (81 days then) and the median sale price fell 25% to $179,922. Overall, Iowa Park 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.
Nearby, Wichita Falls 76306 (2% sold over asking) is even more competitive.
Run the numbers for 76367
Nearby markets
Burkburnett 76354Seller’s market $136 /sq ftElectra 76360Seller’s market $77 /sq ftWichita Falls 76301Seller’s market $78 /sq ftWichita Falls 76302Seller’s market $133 /sq ft Browse all markets →Towns like Iowa Park nearby
Find towns like Iowa Park in other states →Where Iowa Park is
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Questions about Iowa Park real estate
Is Iowa Park a buyer’s or seller’s market?
A balanced market: there were 4.7 months of supply in Iowa Park, TX 76367 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 Iowa Park?
The typical home went under contract in 62 days in the latest three months.
Do homes in Iowa Park sell over asking?
0% of homes sold above their original list price.
What are property taxes in Iowa Park?
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 Iowa Park?
The median sale price was $179,922 in the three months ending August 31, 2026, about $133 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