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Area data

Wichita falls, TX — ZIP 76305

Population: 4,941 (Census ACS)

Home values & appreciation

Median home value
$251,760
1-year appreciation
+1.6%
3-year appreciation
+5.9%
5-year appreciation
+17.5%
10-year appreciation
+82.9%
All-time peak (2025-03)
$252,180
House Price Index
440.1 (-0.8% YoY)

Market activity

Median sale price
$379,000
Median list price
$319,000
Median days on market
48 days
Active listings
10
1-year forecast
+1.3%
New listings (monthly)
5

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,640/mo

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
drought, hail, iceStorm, tornado, coldWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
64.0°F
Average high
77.0°F
Average low
52.0°F
Annual precipitation
28.7 in
Annual snowfall
3.4 in

Walkability & transit

Walkability index
3.0 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Klinkerman Airport (4 mi)
Nearest major airport
Wichita Falls Municipal Airport / Sheppard Air Force Base (SPS) (6 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
3.0 / 5
Solar radiation rating
Good (4.9 kWh/m²/day)

Migration

Net migration
-203 tax filers

Housing stock

Median year housing built
1,982
Median annual property tax
$2,349
Mean commute to work
21 min
Households with broadband internet
53.4%

Employment & development

Total county employment
43,210
Average weekly wage
$951
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
175

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents