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Area data

Wichita falls, TX — ZIP 76308

Population: 21,896 (Census ACS)

Home values & appreciation

Median home value
$224,782
1-year appreciation
+2.6%
3-year appreciation
+7.2%
5-year appreciation
+26.7%
10-year appreciation
+81.8%
All-time peak (2026-07)
$224,782
House Price Index
440.1 (-0.8% YoY)

Market activity

Median sale price
$232,000
Median list price
$259,950
Median days on market
52 days
Sale-to-list ratio
97.6%
Active listings
70
1-year forecast
+1.0%
Days to pending
68 days
New listings (monthly)
31

Rents

Typical rent
$1,236/mo
1-year rent change
+4.0%
1BR fair-market rent
$1,035/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
4
Elementary schools
3
Middle schools
1
High schools
0

Natural hazards & flood risk

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

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Walkability & transit

Walkability index
12.3 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Tom Danaher Airport (3 mi)
Nearest major airport
Wichita Falls Municipal Airport / Sheppard Air Force Base (SPS) (10 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Good (4.9 kWh/m²/day)

Migration

Net migration
-203 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$3,787
Mean commute to work
13 min
Households with broadband internet
82.6%

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