Is Wichita Falls a buyer's or seller's market right now?

Wichita Falls is currently a balanced market with 4.3 months of supply. Homes are selling at 94.7% of list price, and 5.2% go pending within two weeks. The Ridley Sell Score for Wichita Falls is 28/100 (Emerging), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Wichita Falls?

The median home price in Wichita Falls is $200,000, up 6.4% year-over-year. The median price per square foot is $117. Homes sell in a median of 85 days with a sale-to-list ratio of 94.7%.

How much does it cost to sell a home in Wichita Falls, Texas?

On a $200,000 home in Wichita Falls, a traditional listing agent charges around $6,000 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $16,000 or more. With Ridley Essentials ($999) you save $5,001, and with Ridley Pro ($3,499) you save $2,501 while getting full agent support.

How does Ridley's flat fee compare to a traditional Wichita Falls agent?

A traditional Wichita Falls listing agent typically charges 3% of the sale price — about $6,000 on a $200,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $5,001–$2,501 compared to a traditional agent.

How long does it take to sell a home in Wichita Falls?

The median home in Wichita Falls currently spends 85 days on the market before going under contract, down 4% from last year. 5.2% of homes go pending within two weeks. At a 94.7% sale-to-list ratio, sellers are seeing some negotiation. Only 24% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Texas?

No. Texas does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $200,000 home, that could save you up to $2,501.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Texas. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $6,000 commission.

National/Texas

Wichita Falls, TX

Is Now a Good Time to Sell in Wichita Falls, Texas?

The median home in Wichita Falls sells for $200,000 with prices up 6.4% year-over-year. The average seller pays $6,000 in commissions — Ridley’s flat fee saves you $2,501.

Wichita Falls Real Estate Market Conditions — April 2026

28out of 100

Ridley Sell Score

How it's scored →

Emerging

28/100

A buyer-friendly market — Ridley's flat fee helps you keep more equity.

What this means for sellers

Wichita Falls is currently a buyer's market, and sellers should plan accordingly. Expect longer days on market and more price negotiation. The best strategy is to price competitively from day one, invest in presentation, and be open to concessions. Sellers who are patient and realistic about pricing can still close — and Ridley's flat fee means more of the sale price stays in your pocket.

Inventory TightnessNeutral

4.3 months of supply — near the balanced threshold of 5 months. Texas average is 6.5.

Price MomentumNeutral

Prices up 6.4% year-over-year — vs. +6.6% statewide.

Seller LeverageFavors buyers

Homes selling at 94.7% of asking — buyers are negotiating 5.3% below list. Texas average is 96.4%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Texas average of 9.3%.

Sale SpeedFavors buyers

85 median days on market — 33 days faster than the Texas average.

Market UrgencyFavors buyers

5.2% of listings go pending within 2 weeks — vs. 13.5% statewide.

Price StabilityFavors buyers

24% of listings have dropped their price. Texas average is 22%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$200,000

+6.4%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-4%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$117

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

94.7%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

4.3

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

24%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

5.2%

Slower pace

12-Month Price Trend

$198,900 → $200,000

▲0.6%

$220K$210K$200K$190K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Wichita Falls — delivered monthly.

Your savings

How much can you save selling your home in Wichita Falls?

The average Wichita Falls homeowner saves $2,501 by selling with Ridley instead of paying the traditional 3% listing commission on a $200,000 home.

$0Estimated savings

That could furnish your new living room — save 1.3% of your home value

Your Wichita Falls home value

$200,000

$50,000$10M

Traditional Agent (3%)

$6,000

Ridley Pro (flat fee)

$3,499

Ready to sell in Wichita Falls?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Wichita Falls?

The total cost to sell a house in Wichita Falls in 2026 ranges from $999 with Ridley Essentials to approximately $6,000 with a traditional 3% commission on a $200,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$6,000	$3,499	$999	$0
Buyer agent	$5,6002.8% avg	$4,000~2% avg	$4,000~2% avg	$5,6002.8% avg
Closing costs (~1.5%)	$3,000	$3,000	$3,000	$3,000
Total cost	$14,600	$10,499	$7,999	$8,600
Net proceeds	$185,400	$189,501	$192,001	$191,400
You save	—	$4,101	$6,601	$6,000No support