Markets/Texas/Wichita Falls

Wichita Falls, TX Real Estate Market 2026

Investor-grade market analytics for Wichita Falls, Texas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$179,059

+2.2% year-over-year

Est. Rental Yield

8.9%

gross annual

12-Month Forecast

+2.2%

base case (Zillow ZHVF)

+2.2% year-over-year

Climate Risk

23/100

Very Low

Market Momentum

➡️
Neutral
3.3mo supply · Score -1/7

Net migration: Bottom 10% nationally

Income Migration

➡️ Neutral1.08x

In-migrants avg $58,478 AGI vs out-migrants $53,941

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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 Market Summary

Wichita Falls, TX shows steady growth at 2.2% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 2.81x, below the national average of 4.8x. Climate risk remains low (23/100), favorable for long-term investment stability. Rental yield of 8.94% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.8x (national avg 4.8x)
Median Household Income$63,618

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.1%
Base Case+2.2%
Bull Case+3.3%

Climate & Natural Hazard Risk

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

Get the full Wichita Falls dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.