Is now a good time to buy land in Wichita Falls, Texas?
Wichita Falls, Texas is currently a strong buyer's market with 234.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
234.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 2 | 3 |
Wichita Falls, Texas is currently a strong buyer's market with 234.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Wichita Falls, Texas currently has 234.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Wichita Falls, Texas typically sells within 224 days of listing. The median time on market is 187 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Wichita Falls, Texas is 0.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Dalton Real Estate.
Over the past 12 months, Wichita Falls, Texas saw 3 properties sold. In just the last 3 months, 2 properties changed hands.
The 3-month absorption rate in Wichita Falls, Texas is 0.4%. The 12-month rate is 0.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 156 active listings in Wichita Falls, Texas. 32 new listings have hit the market in the last 90 days. The median asking price is $83K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.