76389
Wichita Falls, Texas

The Wichita Falls 76389 market shows moderate price appreciation with homes selling at a median of $229,900, up 2.4% year-over-year. Properties move within 36 days on average, suggesting adequate but not aggressive demand. Notably, zero percent of homes sold above list price in this period, indicating buyers maintain negotiating leverage despite the positive price trend. This combination of modest appreciation and absent bidding wars characterizes a balanced market tilting slightly toward buyers.

This environment favors cost-conscious buyers seeking negotiation room and measured investment timelines. The 36-day absorption rate provides adequate due diligence windows without pressure from competing offers, while the 2.4% appreciation offers modest equity accumulation potential. Sellers facing timeline pressures may struggle since no homes commanded premiums above asking. Buy-and-hold investors comfortable with single-digit annual returns will find the risk-reward ratio more palatable than momentum-focused flippers requiring rapid appreciation.

The PropIQ score of 47/100 signals caution, suggesting underlying market fragility despite surface-level price gains. Monitor days-on-market trends for extension beyond 40 days, which would confirm weakening demand. The absence of above-list sales combined with this caution rating indicates limited upward price pressure ahead. Investors should verify employment data and population trends in Wichita Falls, as the modest appreciation may not sustain if local economic conditions deteriorate or inventory levels rise materially.