Wichita Falls Real Estate Market Update – November 2025

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What’s really happening in the Wichita Falls real estate market right now?

The Wichita Falls housing market saw subtle but telling shifts in November 2025, signaling a more balanced environment for buyers and sellers alike. If you’re trying to time your next move—or just make sense of today’s trends—here’s what you need to know.

Home Prices Show Modest Cooling—But Hold Steady Overall

The median home price in Wichita Falls dipped slightly to $199,000, down just 0.5% year-over-year. While that may sound like a slowdown, it’s more of a stabilization after years of rapid growth.

At the same time, the price per square foot actually rose by 2.2%, reaching $126.37, suggesting that buyers are still willing to pay for the right homes. This discrepancy may reflect shifting demand toward smaller, well-updated properties or simply tighter competition at certain price points.

Wichita Falls Real Estate Market Update November 2025
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What this means for you:

If you’re selling, pricing your home strategically is more important than ever. And if you’re buying, there’s less risk of overpaying in today’s market compared to recent years.

Not sure how to price your property or position your offer? Give me a call at 940-228-1730 — I’ll help you make a smart move.

Inventory Edges Lower, But Market Pace Slows

Active listings in the Wichita Falls area totaled 615, a 1.0% decrease year-over-year, and months of inventory stood at 4.3—a nearly balanced market by historical standards.

But there’s a twist: Homes are taking longer to sell. The average days on market climbed to 69, up 15 days from November 2024. The total time from listing to closing now averages 100 days.

This deceleration tells us that while homes are still moving, buyers are becoming more selective—and sellers need to bring their A-game.

Thinking of listing your home soon?

Staging, marketing, and timing matter more than ever. Let’s talk strategy—send me a quick email and I’ll help you prep your home to shine in this shifting market.

Closed Sales Down Slightly, Reflecting Cautious Demand

The number of closed sales in November came in at 106, down 2.8% year-over-year. This aligns with broader national trends where buyers are pausing to reassess finances amid interest rate shifts.

However, the close-to-original list price ratio held firm at 94.1%, which means most sellers are still getting close to asking—if their home is priced appropriately from day one.

Advice for buyers:

Take your time, but don’t wait too long—when the right home appears, being prepared to act quickly (and realistically) still makes the difference.

Let’s get you fully informed before you start touring—reach out today for a free buyer consultation.

Price Distribution Highlights Affordability

Homes under $200K still dominate the market, making up over 50% of all sales:

  • $100K–199K: 36.9%
  • Under $100K: 13.6%
  • $200K–299K: 26.2%

Very few homes sold above $500K, and none in the $750K+ range. That makes Wichita Falls one of the more affordable housing markets in Texas—ideal for first-time buyers, investors, or downsizers.

Final Takeaway

The Wichita Falls real estate market in November 2025 is best described as measured. Prices are holding steady, inventory is shrinking slightly, and buyers have more breathing room—yet motivated sellers can still succeed with the right approach.

Whether you’re buying, selling, or simply planning ahead, now is a great time to review your strategy.

Have questions about your next move? Call or email me anytime. I’m here to help you navigate this market with clarity and confidence.

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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