Housing Prices in Wichita Falls, TX
How much do homes in Wichita Falls, TX cost?
Median List Price
$225,700
$127/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Wichita Falls has increased by 48% since last year.
Summary: The median home list price in Wichita Falls was $225,700 in May 2024, up 48% from the previous year, and the median price per square foot was $127.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $37.3K | $35.8K | -4.0% |
| 2 Bedrooms | $49.9K | $99.7K | +99.8% |
| 3 Bedrooms | $145K | $209.4K | +44.4% |
| 4 Bedrooms | $299.9K | $349.9K | +16.7% |
| 5+ Bedrooms | $432.4K | $662.4K | +53.2% |
Summary: Wichita Falls housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 99.8%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 53.2%.
Median List Price Compared To Nearby Cities
| Wichita Falls | $149.9K | $225.7K | +50.6% |
| Wichita Falls | $152.4K | $225.7K | +48.0% |
Housing Supply in Wichita Falls, TX
How many homes are available in Wichita Falls, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 49 | 59 | +20.4% |
Summary: The Wichita Falls real estate market had 59 homes for sale in May 2024, a 20.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 27 | 26 | -3.7% |
| 4 Bedrooms | 12 | 21 | +75.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Wichita Falls housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 50%.
Days on Market for Wichita Falls, TX
How long does it take to sell a home in Wichita Falls, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 174 Days | 72 Days | -58.6% |
Summary: Homes in Wichita Falls had an average listing age of 72 days in May 2024, down by 58.6% compared to the previous year.
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