What’s happening in the Wichita Falls housing market this summer?
In July 2025, the Wichita Falls housing market saw an increase in inventory and longer selling timelines, creating new opportunities for both buyers and sellers to act strategically.
Median Prices and Sales Volume Shift
The median home price in Wichita Falls was $210,000, reflecting a 2.9% year-over-year increase. While prices are up, closed sales dipped by 4.1%, with only 164 homes sold in July.
This signals a possible cooling trend after several years of price growth, particularly when paired with the rise in available inventory.
Inventory Is Growing
Active listings surged to 758 homes, a 25.5% increase from last year, and months of inventory rose to 5.3 months—a gain of 1.1 months year-over-year. This shift marks a transition toward a more balanced market, giving buyers more options and reducing bidding pressure.
Days on Market Are Rising
Homes in Wichita Falls spent an average of 52 days on the market, which is 13 days longer than July 2024. Add in the typical 30-day closing timeline, and total transaction time now averages 82 days. Sellers need to be more patient and strategic when pricing their homes.
Affordability Still Strong
Despite the slowing pace, Wichita Falls remains one of the most affordable housing markets in Texas. Here’s the current price breakdown:
- 9% of homes listed between $100K–199K
- 5% between $200K–299K
- Median price per square foot: $128.06, down 2.4% YoY
For buyers looking for value and space, Wichita Falls offers compelling options in today’s market.
What This Means for You
Whether you’re buying or selling in Wichita Falls, understanding these shifts is critical:
- Buyers: With more inventory and longer days on market, you have negotiating power. But don’t wait too long—competition could pick up again this fall.
- Sellers: Price smart, prepare your home thoroughly, and be ready for a longer timeline.
Final Takeaway
The Wichita Falls real estate market in July 2025 is showing signs of balance. Price growth is steady but cooling, inventory is on the rise, and the days of ultra-fast sales may be behind us—at least for now. Whether you’re planning to buy, sell, or just watch the trends, now is the time to get informed.
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