Iowa Park, TX Housing Market Update: September 2025

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What’s happening right now in the Iowa Park market?

In September 2025, the housing market in the Iowa Park, TX area continued to show signs of cooling from the fast‑paced activity of the last few years. While home values remain relatively stable, both the number of closed transactions and the time it takes for a home to sell are shifting toward a more balanced‑market environment.


Iowa Park TX Housing Market Update September 2025
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Key Market Metrics for September 2025

  • Median Price: $210,500 — down about 5.4% year‑over‑year per the local association’s report.
  • Closed Sales: 8 homes — down about 33.3% year‑over‑year.
  • Active Listings: 28 homes — down about 15.2% year‑over‑year.
  • Months Inventory: 3.4 — down about 1.0 month compared to this time last year.
  • Days on Market: 66 days on average — this is 24 days longer than in September 2024.
  • Median Price per Square Foot: $126.55 — down about 16.6% year‑over‑year.
    (Source: local market report image provided by you)

Outside this specific report, third‑party data show:

  • According to Zillow, the average home value in Iowa Park (~$187,043) is up around 2.9% over the past year. (Zillow)
  • On the ZIP code level (76367), median home values are up around 2.5% in the last year. (Zillow)
  • According to HAR.com, the median price in Iowa Park in September was around $239,900, with ~59.5 days on market. (HAR.com)

Why the Market Is Shifting

Here are some of the driving factors behind what you’re seeing:

  1. Lower closed‑sales volume — Only 8 homes closed in September. That suggests fewer transactions and less turnover.
  2. Longer marketing time — With average days on market now at 66 (or higher in some datasets), buyers have more time and less urgency, which softens seller leverage.
  3. Price adjustments — The median price and price per square foot both show year‑over‑year declines in the local association’s data. While broader indices show small gains, the local nuances indicate cooling.
  4. Inventory dynamics — Inventory is relatively low (3.4 months) but still trending differently than prior years, which may be helping shift toward a more balanced market rather than a purely seller’s market.
  5. Broader regional context — Across Texas and the U.S., markets are seeing longer selling times and more inventory compared to the post‑pandemic boom. (Better Homes & Gardens)

What It Means for Buyers & Sellers

For Buyers:

  • You’re in a stronger negotiating position than you might have been a year ago. With longer days on market and fewer bidding wars, you have more time to evaluate properties and make sound decisions.
  • Still, inventory is not overwhelmingly high, so sourcing good homes early, being ready to act, and working with a local expert remain important.
  • Look for homes priced appropriately (aligned with recent comps) and in good condition, because those will attract interest even in a slower market.

For Sellers:

  • Pricing is more critical now than ever. If you list too high relative to recent comps or don’t properly prep the home, you may face longer marketing times or the need for price reductions.
  • With marketing time increasing, budget accordingly for carrying costs (utilities, maintenance, etc.) while the home is on the market.
  • Focus on presentation: homes that are clean, decluttered, and up‑to‑date make a difference when the market isn’t ultra‑competitive.

The Local Edge: Iowa Park & Sheppard AFB

Because we serve both Iowa Park and the neighboring Sheppard Air Force Base market, we’re positioned to help a wide range of clients — including military families relocating or buying/renting in this region. With our local knowledge, we can guide clients through seasonal market shifts, unique inventory constraints, and the timing of relocations tied to base assignments.


Looking Ahead: What to Watch

  • Inventory changes — If listings increase meaningfully (for example, more than 4–5 months of supply), the market could shift further toward a buyer’s market.
  • Mortgage rates — Any rate decreases tend to spur more buyer activity, which could tighten up inventory and reduce days on market.
  • Local economic/relocation activity — Growth at Sheppard AFB or infrastructure improvements could bring more buyer demand into Iowa Park, impacting pricing and inventory.
  • Seasonal patterns — Fall and winter typically see fewer listings than spring; those who list now may face fewer competing properties but also fewer buyers — timing matters.

In short: The Iowa Park housing market in September 2025 is showing signs of moderation. Prices remain relatively stable, but the sharp momentum of prior years has cooled. If you’re looking to buy, you have more leverage and time. If you’re looking to sell, smart pricing and preparation matter more than ever.


Ready to explore further?

If you’d like a customized market analysis for your neighborhood, want to discuss timing for listing your home, or are starting your home search, give me a call at 940‑228‑1730 to schedule a consultation.

About Tim Lockhart

Tim Lockhart, REALTOR®, is a RamseyTrusted real estate agent and retired U.S. Air Force Major serving Wichita Falls, Iowa Park, and Burkburnett, TX. Since becoming licensed in 2012, Tim has closed over 300 transactions, specializing in military relocation, listings, farm & ranch, and investment properties. He leads the Lockhart Real Estate Team at Keller Williams Realty and ranks among the top 10% of Keller Williams Lonestar DFW agents. Tim holds the MRP designation and has 45+ 5-star reviews across Zillow, FastExpert, and Google.

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