76367
Wichita Falls, Texas

The Wichita Falls ZIP 76367 market shows moderate appreciation with a median sale price of $198,700, up 10.5% year-over-year as of February 2026. Properties are moving at a measured pace, averaging 81 days on market, while zero homes have sold above asking price. This pricing dynamic indicates sellers maintain some leverage through appreciation, but buyers face no competitive bidding pressure, creating a balanced negotiation environment distinct from overheated markets.

This market favors patient buyers with financing in place and sellers willing to accept list price or below. The 81-day absorption period gives purchasers time for thorough due diligence without rush decisions, while the 10.5% annual gain provides existing homeowners with enough equity accumulation to justify selling. Investors seeking cash flow over rapid appreciation may find the sub-$200K entry point workable, though the 55 PropIQ score suggests heightened portfolio risk.

The PropIQ intelligence score of 55 signals caution, indicating potential headwinds that could compress the current 10.5% appreciation rate. With no above-ask sales and extended market times, watch for days-on-market expansion beyond 90 days or increased price reductions, either of which would confirm momentum loss. The data suggests stabilization rather than continued growth, making timing critical for sellers maximizing the current equity position.