Investor-grade market analytics for Wichita Falls, Texas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$166,900
-1.0% year-over-year
8.6%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 90% nationally
In-migrants avg $58,478 AGI vs out-migrants $53,941
Opportunity Zone Market
5 ZIP codes in Wichita Falls are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Wichita Falls, TX is experiencing a correction with -1.0% year-over-year decline, signaling a buyer's market with softening demand. Affordability remains favorable with a price-to-income ratio of 2.62x, below the national average of 4.8x. Climate risk remains low (23/100), favorable for long-term investment stability. Rental yield of 8.63% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Wichita Falls, TX's primary climate exposure is tornadoes (40/100). The composite climate risk score of 23/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.