Wichita Falls, TX metro area Housing Market Brief
metro · TX · score computed September 2026
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.
Population band 4 of 5 (population 112,714–277,881) · comparable within its band
Where is Wichita Falls, TX metro area in its market cycle?
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?
Our model forecasts Wichita Falls, TX metro area’s home prices to rise about 2.3% 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
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $214K | ▲ +2.1% |
| Median Days on Market | 50 days | ▼ -23.1% |
| Months of Supply | 3.2 | ▼ -41.8% |
| Homes for Sale | 550 | ▼ -34.2% |
| Homes Sold | 179 | ▲ +13.3% |
| Median Price / Sq Ft | $131 | ▼ -1.4% |
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Frequently asked questions
Is Wichita Falls, TX metro area a buyer's or seller's market?
In the scores computed September 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 $214K, having risen 2.1% 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 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.