76310
Wichita Falls, Texas

The 76310 ZIP code in Wichita Falls reports a median sale price of $254,900 as of February 2026, marking a modest 3.1% year-over-year appreciation. Market velocity indicates a balanced environment with properties averaging 70 days on market, while competitive pressure remains minimal with only 1% of homes selling above list price. This pricing discipline suggests neither aggressive buyer competition nor seller capitulation, positioning the market in a transitional state between the elevated activity of previous years and potential cooling ahead.

These conditions favor patient buyers with financing contingencies and sellers holding quality inventory at or below market median. The 70-day absorption rate provides buyers adequate time for due diligence without facing bidding pressure, while the 1% above-ask metric eliminates premium pricing risk. Investors seeking cash-flow properties benefit from reduced competition, though the 3.1% appreciation rate limits short-term equity gain strategies. Sellers above the $254,900 median face extended timelines unless priced competitively from initial listing.

The PropIQ score of 55 signals caution, indicating vulnerability to demand contraction or inventory accumulation over the next two quarters. The combination of subdued appreciation and extended days-on-market suggests limited upward price momentum, with risk skewed toward flattening or negative growth if local employment or financing conditions deteriorate. Monitor monthly listing inventory levels and the percentage of price reductions, as increases in either metric would confirm weakening fundamentals and compress the current 70-day clearance rate further.