Wichita Falls RE Market: What's Going On in 2025?

Hey friends! 👋

If you’re curious about what’s happening with homes in Wichita Falls right now—or thinking about buying, selling, or moving here—let’s break it down in a way that actually makes sense. No boring charts, just real talk.

Prices Are Shifting… A Little

Here’s the scoop: the median listing price for homes in Wichita Falls has dipped a bit—about $201,567 as of September 2025, which is roughly 4.8% lower than last year. But here’s the twist: homes are still selling for a smidge higher than they’re listed for on average. The median sale price sits at $208,325.

So basically: sellers, don’t panic. Buyers, it’s a nice chance to get more value—but it’s not a free-for-all.

Homes Are Taking Their Time

If you’re thinking the market is moving like lightning—think again. On average, it takes about 54 days for a home to go from listed to pending. That’s longer than previous years, which means people are taking their time to really decide. Buyers aren’t chasing quick flips—they want long-term stability.

Buyer and Seller Behavior

• Buyers: You’re seeing a trend toward thinking long-term. Folks aren’t buying houses just to sell in a year or two. They want a home they can settle into.
• Sellers: If you’re putting your house on the market, you need realistic pricing. The market is softening, so overpricing could mean sitting longer than you’d like.
  Right now, about 19% of homes sell over the list price, but nearly 60% sell under it. That’s why having a local expert who knows the neighborhoods and current buyer behavior can make all the difference.

What About Renting?

For those who aren’t buying yet, renting is creeping up a bit. The average rent is around $1,183 per month. So whether you’re buying or renting, costs are still something to consider—but it’s not skyrocketing either.

Inventory & Other Things to Know

• Homes for sale: 682 as of September 30, 2025.
• New listings: 144 in the same month.
  Basically, buyers are in the driver’s seat if they’re ready to make smart moves, and sellers need to be prepared for a slower market.

Why This Matters for You

If you’re thinking about moving up, relocating, or just getting into the market, knowing the trends helps you make smarter decisions. Want to find a home that fits your lifestyle and timeline without getting stuck in the “overpriced or oversold” trap? That’s where I come in. I help people like you navigate the Wichita Falls market, find homes that really fit, and avoid the stress of guessing.

📞 Tip: Even if you’re just curious, it’s never too early to talk to a local expert—especially in a market that’s changing like this.