60Alpha

Wichita Falls, TX metro area Housing Market Brief

metro · as of May 2026

Seller's

What is Wichita Falls, TX metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+19.752
Inventory Health25%
-4.049
Affordability20%
90
Economic Strength20%
No data
50
Rental Yield15%
63

Where is Wichita Falls, TX metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Wichita Falls, TX metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Wichita Falls, TX metro area housing market data

MetricValueYoY
Median Sale Price$220K▲ +15.8%
Median Days on Market60 days-10.4%
Months of Supply3.3-37.7%
Homes for Sale522-34.4%
Homes Sold157▲ +5.4%
Median Price / Sq Ft$129▲ +2.8%
Sale-to-List Ratio93.7%▲ +3.8%

How has Wichita Falls, TX metro area’s Alpha Score moved?

Now: 60
4-period trend
Median sale price · 12 mo

Markets like Wichita Falls, TX metro area

Frequently asked questions

Is Wichita Falls, TX metro area a buyer's or seller's market?

As of May 2026, Wichita Falls, TX metro area is classified as a Seller's Market, based on its Alpha Score of 60 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Wichita Falls, TX metro area?

The median sale price in Wichita Falls, TX metro area is $220K, having risen 15.8% over the past year.

How affordable is Wichita Falls, TX metro area?

Wichita Falls, TX metro area scores 90 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Wichita Falls, TX metro area's Alpha Score?

Wichita Falls, TX metro area's strongest dimension is Affordability (90/100) and its weakest is Inventory Health (49/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Wichita Falls, TX metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.