59Alpha

Wichita Falls, TX metro area Housing Market Brief

metro · TX · as of August 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%
-9.342
Inventory Health25%
+11.160
Affordability20%
+5.585
Economic Strength20%
26
Rental Yield15%
+11.690

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

EmergingGrowingMaturePeakingDecliningRecovering

Wichita Falls, TX metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

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

Our model forecasts Wichita Falls, TX metro area’s home prices to hold flat over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Wichita Falls, TX metro area housing market data

MetricValueYoY
Median Sale Price$214K▲ +2.1%
Median Days on Market51 days-16.4%
Months of Supply3.2-41.8%
Homes for Sale550-34.2%
Homes Sold179▲ +13.3%
Median Price / Sq Ft$131-1.4%

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

Now: 59
12-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 August 2026, Wichita Falls, TX metro area is classified as a Balanced Market, based on its Alpha Score of 59 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 $214K, having risen 2.1% over the past year.

How affordable is Wichita Falls, TX metro area?

Wichita Falls, TX metro area scores 85 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 (90/100) and its weakest is Economic Strength (26/100). 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.