76357
Wichita Falls, Texas

The 76357 ZIP code in Wichita Falls shows a stagnant market with a median sale price of $142,500 holding flat year-over-year as of February 2026. Properties are moving at a moderate pace, averaging 38 days on market, but buyer demand appears measured with zero homes selling above list price. This pricing dynamic indicates sellers hold no leverage despite the relatively quick absorption rate, suggesting inventory and demand have reached equilibrium without upward price pressure.

This market favors patient buyers who can negotiate from the list price downward, given that no properties are commanding premiums. First-time buyers targeting affordability below $150,000 face minimal competition for bidding wars, while the 38-day marketing period allows adequate due diligence time. Sellers face a challenging environment requiring accurate pricing from listing day, as the 0% above-list statistic demonstrates the market will not reward optimistic valuations. Fix-and-flip investors should proceed cautiously given flat appreciation trends.

The PropIQ score of 37 signals material caution, suggesting heightened risk of further price softening or extended marketing times ahead. With no current appreciation momentum and zero premium sales, watching monthly inventory levels and any increase in days-on-market beyond 38 days becomes critical. The score indicates this market lacks the fundamental strength for near-term price recovery, making timing particularly important for sellers while buyers may find better positioning in coming months.