76309
Wichita Falls, Texas
Wichita Falls 76309 needs watching.
The 76309 ZIP code in Wichita Falls, Texas has a median sale price of $172K, up +22.2% year-over-year. Homes spend an average of 92 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76309.
ZIP code 76309 in Wichita Falls shows a market transitioning from recent strength, with the median sale price reaching $172,250 following a substantial 22.2% year-over-year increase. Properties are averaging 92 days on market, significantly above the typical hot-market threshold of 30-45 days. Notably, zero percent of homes are selling above list price, indicating buyers have regained negotiating leverage despite the double-digit appreciation over the past twelve months.
This environment favors patient buyers with financing in place who can absorb the 92-day average marketing period. The absence of above-ask sales eliminates bidding war pressure, allowing for due diligence and inspection negotiations. Sellers who purchased before the 22.2% run-up can still capture substantial equity, but recent buyers face minimal short-term appreciation potential given the 51 PropIQ score signaling caution ahead.
The PropIQ score of 51 sits at the midpoint threshold, suggesting price momentum is stalling after last year's surge. The 92-day absorption rate combined with zero premium sales indicates inventory is meeting or exceeding demand. Buyers should monitor whether days-on-market extends beyond 100, which would confirm a definitive shift toward buyer advantage and potential price stabilization or compression in coming quarters.
What is the median home price in 76309 Wichita Falls?
The median sale price in 76309 is $172K, up +22.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Wichita Falls 76309?
Homes in 76309 Wichita Falls spend an average of 92 days on market before going under contract.
Is Wichita Falls 76309 a good place to invest in real estate?
Folio's PropIQ™ score for 76309 is 51/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 76309?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 51 = Caution in 76309 Wichita Falls, Texas.