What’s happening in the Burkburnett real estate market as of October 2025?

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What’s happening in the Burkburnett real estate market as of October 2025?

The Burkburnett real estate market saw a rise in home prices and inventory in October 2025, but a slowdown in sales activity suggests more choices and longer timelines for buyers.

Market Snapshot: Prices Are Up, Sales Are Down

October’s median home price in Burkburnett rose to $187,500 — up 3.1% year-over-year. This increase signals resilience in home values even as the pace of closed sales dipped by 14.3%.

Only 12 homes closed in October, while active listings jumped 27.7% to 60 homes available. That’s led to a higher months-of-inventory figure at 5.3 months — up from 3.7 months this time last year.

Image of Burkburnett Housing Market Update October 2025
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Homes Are Taking Longer to Sell

The average number of days on market increased to 38 — 5 days longer than last October. Additionally, it’s taking about 31 days to close once under contract, bringing total transaction time to 69 days.

What This Means for Buyers and Sellers

If you’re a buyer, the rising inventory means more options and possibly more room to negotiate. With a median price per square foot of $109.14 — down 11.5% from last year — there may be value to be found.

For sellers, pricing strategically is key. Although values are holding, slower sales and more competition mean homes must stand out. The median home size is 1,665 sq ft, and homes built in 1961 or later make up the majority of the market.

Price Breakdown: Most Homes Under $300K

Half of the homes sold in October were priced between $200K and $299K. Another 33.3% fell in the $100K–$199K range, with 16.7% listed below $100K. No homes sold above $300K.

Final Takeaway: Strategy and Timing Matter More Than Ever

The Burkburnett market is adjusting. With prices steady but sales slowing, both buyers and sellers should approach the market with clear goals and the right local guidance.

Ready to Navigate This Market With Confidence?

If you’re thinking about buying or selling in Burkburnett, I’m here to help. As a military-focused real estate agent, I understand the timing and planning required for a successful move. Call me today to schedule your consultation and take the next step.

About Tim Lockhart

Tim Lockhart is a Wichita Falls Sheppard AFB PCS Home Selling & Exit Strategy Specialist for military homeowners. He works with active duty personnel preparing for PCS moves to help them determine the right strategy for their home—whether to sell, hold, or adjust timing—before executing the plan. Tim is a REALTOR® with Keller Williams Wichita Falls and a RamseyTrusted real estate agent. He is a retired U.S. Air Force officer with over a decade of experience helping clients navigate complex, time-sensitive real estate decisions in Wichita Falls, Burkburnett, and Iowa Park. If you have PCS orders and need a clear plan for your home, schedule a consultation to map out your next step.

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