How is the Wichita Falls Housing Market in September 2025?

How is the Wichita Falls housing market shifting as we head into fall 2025?

The latest numbers from September reveal a market in transition: home prices have dipped slightly, sales volume is up, and inventory remains steady — all signs of a more balanced, opportunity-filled real estate environment.

Prices Tick Down While Activity Ramps Up

The median home price in Wichita Falls dropped to $195,000 — a 2.5% decline year-over-year. While that may seem concerning at first glance, it reflects a modest market correction after years of steady appreciation.

Interestingly, closed sales actually rose 9.4% year-over-year, with 152 homes sold in September. This uptick suggests buyers are re-entering the market, taking advantage of price adjustments and increased selection.

Listings Are Holding Steady, But Homes Are Taking Longer to Sell

Active listings rose slightly to 671, a 3.7% increase YoY, keeping months of inventory at a consistent 4.6. That figure hasn’t changed year-over-year, signaling that while there are more homes on the market, buyer demand is keeping pace.

However, homes are sitting longer:

• Days on Market: 61 days (8 days more than September 2024)
• Days to Close: 30 days (1 day longer)
• Total Time from Listing to Close: 91 days (up 9 days)

This slowdown gives buyers more breathing room to shop and negotiate, but sellers will need to stay sharp with pricing, presentation, and strategic timing.

Where Are the Buyers Shopping?

A look at the price distribution shows that affordability still drives demand:

• 31.7% of sales were in the $100k–$199k range
• 28.3% fell between $200k–$299k
• 18.6% sold under $100k

At the higher end:

• Just 4.8% of sales were between $400k–$499k
• Only 2.1% of sales were between $500k–$749k
• No homes sold above $750k

This pattern reflects a strong middle-market and limited luxury activity — valuable insight for both buyers and sellers planning their next move.

Home Features & Valuation Insights

• Median Price per Sq Ft: $127.18 (up 2.3% YoY)
• Median Home Size: 1,501 sq ft
• Median Year Built: 1973
• Close-to-List Price Ratio: 93.2%

While sale prices dipped slightly, the price per square foot rose — a signal that well-maintained, move-in-ready homes are still commanding strong offers.

What This Means for You

The Wichita Falls housing market is showing signs of balance. Prices are leveling off, inventory is steady, and buyer activity is ticking upward. It’s not a market boom or bust — it’s a window of opportunity.

• If you’re buying: You have options. Inventory is healthy, and prices are slightly softer. But with increased buyer activity, the best homes won’t last long.
• If you’re selling: It’s not 2021 anymore, but that doesn’t mean you can’t win. Pricing smartly, staging well, and marketing effectively can still get your home sold — even in a slower-moving market.

Want help navigating your next move in today’s market? I can walk you through what these numbers mean for your neighborhood and your goals.

Final Takeaway

September 2025 proves that the Wichita Falls housing market isn’t stalling — it’s shifting. Buyers are back, pricing is correcting, and homes are moving (just a little more slowly). In a market like this, expert guidance can make all the difference.

Let’s talk through your next move. Whether you’re thinking of buying, selling, or just want to make sense of these numbers, I’m here to help you navigate the market with confidence.

Tim Lockhart
Real Estate Agent | Wichita Falls Market Area
Schedule your consultation today and get a clear plan for what’s next.