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Wichita Falls, TX
Full City Profile · Texas · Wichita County County
3.2
/5.0
B
Good
102,558
Population
1,420/sq mi density
$58,568
Median Income
$31,987 per capita
$142,600
Home Value
$168,124 Zillow
$978
Median Rent
27.9% income on rent
68°F
Avg Temperature
317 sunny days/yr
348
Violent Crime/100K
3,044 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$58,568 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$142,600 home value, $978/mo rent
F
Safety
1.0 / 5.0
348 violent crimes/100K
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher
Housing Overview
Median Home Value
$142,600
49% below
US avg: $281,900
Median Rent
$978/mo
16% below
US avg: $1,163/mo
Homeownership Rate
57.0%
13% below US avg (65.4%)
Total Housing Units
43,253
Median year built: 1971
Home Value by Source
Census Median
$142,600
Zillow (ZHVI)
$168,124
Median Sale Price
$200,000
Median List Price
$197,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.0%
Owner-Occupied
43.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$978/mo
· Zillow rent:
$1,242/mo
Market Indicators (Redfin)
Median Days on Market
85 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
95
Price Drops
24.0%
of listings with price reduction
Price Per Sq Ft
$117
Active Inventory
409
homes for sale
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
57.0%
Complete Housing Data
Home Values
| Census Median Value | $142,600 |
| Zillow Home Value (ZHVI) | $168,124 |
| Median Sale Price | $200,000 |
| Median List Price | $197,500 |
| Price Per Sq Ft | $117 |
Rent
| Census Median Rent | $978 |
| Zillow Rent (ZORI) | $1,242 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 85 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 24.0% |
| Homes Sold | 95 |
| Active Inventory | 409 |
| Price Per Sq Ft | $117 |
Ownership & Stock
| Owner-Occupied | 57.0% |
| Renter-Occupied | 43.0% |
| Homeownership Rate | 57.0% |
| Total Housing Units | 43,253 |
| Median Year Built | 1971 |
| Rent Burden | 27.9% |