43Alpha

Wichita Falls, TX metro area Housing Market Brief

metro · TX · score computed October 2026

Balanced

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%
●10
Inventory Health25%
●15

Population band 4 of 5 (population 112,714–277,881) · comparable within its band

Affordability20%
●90
Economic Strength20%
●26
Rental Yield15%
●91

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

EmergingGrowingMaturePeakingDecliningRecovering

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

What’s the forecast for Wichita Falls, TX metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Wichita Falls, TX metro area housing market data

MetricValueYoYSource
Median Sale Price$202K▲ +1%Redfin
Median Days on Market62 days▼ -23.5%Redfin
Months of Supply3.3▼ -28.3%Redfin
Homes for Sale506▼ -28.7%Redfin
Homes Sold155▲ +0.7%Redfin
Median Price / Sq Ft$132▲ +2.9%Redfin

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

Now: 43
2-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?

In the scores computed October 2026, Wichita Falls, TX metro area is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, building, 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 $202K, having risen 1% over the past year, according to Redfin.

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 Rental Yield (91/100) and its weakest is Price Momentum (10/100). 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.