What’s happening in the Wichita Falls housing market right now?

The Wichita Falls housing market is closing out 2025 on a strong note, with rising home values and a notable surge in buyer activity. Whether you’re considering a move, prepping to sell, or just keeping tabs on the local market, here’s what you need to know based on the latest data from the Wichita Falls Association of REALTORS®.

Home Prices Are Up Over 11% Year-Over-Year, However Down from Earlier This Year

The median home price in Wichita Falls reached $195,000 in December 2025—an 11.4% increase compared to December 2024, however down slightly from last month and earlier in 2025. This steady appreciation reflects sustained buyer demand and market confidence. Notably, the price per square foot also ticked up to $121.07, a modest 0.8% rise year-over-year, showing that values are climbing across price points.

Sales Activity Ended the Year Ticking Up

Closed sales jumped 30.4% year-over-year, with 150 homes sold in December alone. This spike in transactions is especially significant for a typically slower winter month and suggests that motivated buyers are still making moves despite seasonality. Home sales normally dip during the Christmas holidays. This strong end to the year is a good sign for the overall market health.

Listings Remain Steady, Inventory Still Tight

There were 580 active listings on the market in December—up just 0.4% from the same time last year. Inventory sits at 4.0 months, still below the 6-month benchmark that signals a balanced market. While the uptick in listings provides some breathing room for buyers, the market continues to lean slightly in favor of sellers.

Homes Are Selling Faster

On average, homes spent 60 days on market, which is 2 days faster than December 2024. Combined with an average of 29 days to close, the full transaction timeline shrank to 89 total days, making it a more efficient process for both buyers and sellers. This indicates new listings in good condition priced strategically are selling.

Who’s Buying? Price Distribution Tells the Story

Most buyer activity remains concentrated in the $100K–$199K price range, which accounted for 35.6% of closed sales. However, demand is also strong in the $200K–$299K segment (20.6%) and under $100K (19.2%). This distribution indicates a healthy, accessible market for a range of buyers, from first-timers to move-up purchasers.

Wichita Falls Remains a Stable, Affordable Market

With a median home size of 1,567 sq ft and a median build year of 1975, the Wichita Falls housing stock offers established properties at competitive prices. Homes are currently closing at 91.5% of their original list price, suggesting realistic pricing strategies are helping sellers succeed.

Final Takeaway: It’s a Smart Time to Make a Move

Whether you’re buying or selling, December’s numbers point to a market with momentum. Rising prices, strong demand, and faster closings are all signs of a resilient and active local housing market.

If you’re curious what this means for your specific situation, let’s talk.

Ready to Make Your Move in Wichita Falls?

I’m Tim Lockhart, a Keller Williams agent proudly serving Wichita Falls and Sheppard AFB. If you’re thinking about buying or selling in today’s market, let’s schedule a quick call to walk through your goals and timing. I’ll help you move forward with clarity and confidence.