Wichita Falls Housing Market Update: What’s Actually Happening (Fall 2026)

Wichita Falls Housing Market: What’s Actually Happening

Are Wichita Falls home prices going up, down, or holding steady? National headlines rarely answer that question for our community. Real estate is local, so this quarterly update focuses on the numbers that matter right here, and what they could mean if you’re thinking about buying.

The Four Numbers That Actually Matter

Here is the Wichita Falls market snapshot as of September 2026:

Metric	Wichita Falls
Median sale price	About $209,000.00 (up 2.4% from last year, per Refin)
Average days on market	About 60 days
Months of supply	Roughly 3.3 months
Market balance	Fairly balanced

Together, these four figures give a clearer picture than any single headline.

Wichita Falls Home Price Trends

The median sale price is about $209,000.00, up 2.4% from a year ago. That’s modest, steady growth rather than a sharp spike or a drop. For buyers, this suggests prices are moving up gradually, not running away from you.

Keep in mind that a median describes the middle of the market. Individual homes vary widely by neighborhood, size, condition, and price range, so your own search may look different from the overall number.

Inventory and Days on Market

Homes are spending about 60 days on the market on average. That is not a “gone in a weekend” pace. Months of supply sits around 3.3, meaning that at the current rate of sales, it would take roughly three and a third months to sell the homes now listed.

Taken together, these numbers describe a market that is fairly balanced, with neither side holding all the leverage.

What This Means If You’re Buying Right Now

The big takeaway: homes aren’t flying off the market overnight, so buyers may have more negotiating power than they think. Depending on the property, you may be able to:

• Negotiate the purchase price, especially on homes that have been listed for a while.

• Ask the seller to help with closing costs.

• Use seller concessions to help buy down your interest rate, which can lower your monthly payment.

  
  

Every home and seller is different, and what’s available depends on the property, the offer, and your loan program. Talking through your options with a lender early can help you decide what to ask for.

Next Steps

Thinking about buying in Wichita Falls? Let’s talk through what these numbers mean for your search and your timeline. No pressure, just information.

Text or call Kris Anderson today: 806-547-3733

We update the local numbers every quarter, so you never have to rely on outdated assumptions. Are you buying or selling in Wichita Falls? Leave a comment on the video and tell us what you’d like to see in future updates.

Coming up next: the Waco market update and the best neighborhoods for first-time buyers there. Subscribe to the channel so you don’t miss it.

Kris Anderson NMLS# 1201276 | BOC Bank NMLS# 761945 | Equal Housing Lender

This content is for general informational purposes only and is not a commitment to lend or financial advice. Market statistics change and may vary by source. Loan programs, terms, and eligibility are subject to credit approval.