WICHITA FALLS Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Wichita Falls averaged 7.03% for the week of 2024-06-13, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-06) was 6.87% and one month ago for the week of 2024-05-09, the average rate was 7.37%.

Wichita Falls's average rate one year ago was 6.69%.

For refis of the same type during the week of 2024-06-13, the average rate was 7.45%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-13 6.95%
Wichita Falls 30 Year Fixed Rate 2024-06-13 7.03%
Wichita Falls 30 Year Fixed Rate Refi 2024-06-13 7.45%
Wichita Falls 15 Year Fixed Rate 2024-06-13 7.63%
Wichita Falls 15 Year Fixed Rate Refi 2024-06-13 6.77%
Wichita Falls 30 Year FHA 2024-06-13 6.47%
Wichita Falls 30 Year FHA Refi 2024-06-13 6.91%
Wichita Falls 30 Year USDA 2024-06-13 6.71%
Wichita Falls 30 Year USDA Refi 2024-06-13 6.51%
Wichita Falls 30 Year VA 2024-06-13 6.44%
Wichita Falls 30 Year VA Refi 2024-06-13 6.22%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within WICHITA FALLS, TX.

WICHITA FALLS Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the WICHITA FALLS, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
American National Bank & Trust 130 6.65% $3,580
UNION SQUARE 116 6.82% $3,905
FLAT BRANCH MORTGAGE, INC. 78 6.86% $4,450
QUICKEN LOANS, LLC 51 7.16% $5,595
First Bank 44 6.80% $5,590
TEXOMA COMMUNITY CREDIT UNION 42 8.58% $2,914
UNITED WHOLESALE MORTGAGE, LLC 19 6.99% $7,033
PRIMELENDING, A PLAINSCAPITAL COMPANY 16 6.80% $6,732
Wells Fargo Bank 12 7.08% $3,922
Prosperity Bank 10 6.65% $3,629
JPMorgan Chase Bank 8 7.28% $4,540
First National Bank 7 6.44% $7,480
THRIVE MORTGAGE, LLC 7 7.00% $4,161
First United Bank 7 6.80% $6,741
Mr. Cooper ( Nationstar Mortgage ) 6 6.91% $8,140
GUILD MORTGAGE COMPANY 6 6.77% $6,541
Flagstar Bank, FSB 6 6.79% $7,461
AMERISAVE MORTGAGE CORPORATION 4 7.31% $5,122
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.93% $6,484
AMERICAN PACIFIC MORTGAGE CORPORATION 4 7.16% $5,894
BETTER MORTGAGE CORPORATION 4 6.31% $4,353
MOVEMENT MORTGAGE, LLC 4 6.64% $7,027
LOANPEOPLE, LLC 4 7.09% $10,260
Discover Bank 3 7.52% $0
CARDINAL FINANCIAL 3 6.91% $7,574
LOANDEPOT.COM, LLC 3 6.99% $5,655
ROYAL UNITED MORTGAGE LLC 3 7.42% $7,142
Morgan Stanley Private Bank 2 5.55% $8,938
MORTGAGE ACCESS CORP. 2 7.37% $5,677
SWBC MORTGAGE CORPORATION 2 7.13% $5,548
NEWREZ LLC 2 6.93% $5,922
NexBank 2 7.44% $10,098
First United Bank and Trust Company 2 7.31% $3,832
PENNYMAC LOAN SERVICES, LLC 2 7.31% $6,888
AMCAP MORTGAGE, LTD. 2 6.25% $7,049
Mortgage Research Center, LLC 2 5.69% $4,457
USAA Federal Savings Bank 2 5.94% $10,108
LOANPAL, LLC 2 7.25% $7,525
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.69% $9,309
CMG MORTGAGE, INC. 2 6.38% $10,976
GUARANTEED RATE, INC. 2 6.53% $4,435
FREEDOM MORTGAGE CORPORATION 2 7.19% $7,262
LAKEVIEW LOAN SERVICING, LLC 2 7.31% $7,636
MICHIGAN MUTUAL, INC. 1 6.99% $4,826
MK LENDING CORP. 1 7.38% $6,895
MORTGAGE FINANCIAL SERVICES, LLC 1 7.38% $5,352
Carrington Mortgage Services, LLC 1 7.13% $6,436
BROKER SOLUTIONS, INC. 1 7.50% $11,626
Nations Lending Corporation 1 7.38% $4,916
NAVY ARMY COMMUNITY CREDIT UNION 1 6.38% $2,378
NAVY FEDERAL CREDIT UNION 1 5.38% $5,180
NBH Bank 1 6.38% $1,482
NBKC BANK 1 6.88% $5,284
Network Funding, L.P. 1 7.00% $6,986
NMSI, INC. 1 8.00% $5,322
PHH Mortgage Corporation 1 7.49% $5,092
Pinnacle Bank 1 5.88% $6,483
BOKF 1 6.13% $4,371
Bank of America 1 5.63% $0
Arvest Bank 1 6.75% $6,368
Regions Bank 1 5.25% $8,989
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 1 5.50% $4,793
SECURITYNATIONAL MORTGAGE COMPANY 1 7.38% $6,315
SUCCESS MORTGAGE PARTNERS, INC. 1 7.00% $4,877
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 7.49% $3,538
The Huntington National Bank 1 7.88% $4,783
The Loan Store, Inc. 1 6.88% $5,347
American Mortgage & Equity Consultants, Inc. 1 6.25% $4,705
Ally Bank 1 7.38% $2,053
U.S. Bank 1 6.75% $4,357
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.99% $6,510
Washington Federal Bank 1 6.63% $2,987
Waterstone Mortgage Corporation 1 6.88% $12,524
Farmers Bank & Trust 1 6.00% $7,050
Extraco Banks 1 6.88% $5,428
Fifth Third Bank 1 8.63% $6,251
FirstBank 1 7.13% $4,121
A&D Mortgage LLC 1 9.63% $14,851
DAS Acquisition Company, LLC 1 7.63% $4,032
Colonial Savings, F.A. 1 6.13% $6,220
GARDNER FINANCIAL SERVICES, LTD. 1 8.75% $6,771
Gateway First Bank 1 7.13% $9,626
City Bank 1 7.00% $7,540
GULF COAST EDUCATORS FEDERAL CREDIT UNION 1 6.25% $3,110
HOMESIDE FINANCIAL, LLC 1 7.50% $6,649
InterBank 1 6.38% $1,641
Citibank 1 7.50% $4,964
Affiliated Bank 1 7.25% $4,102
Century Mortgage Company DBA Century Lending Company 1 9.25% $8,706
Loan Simple, Inc. 1 7.13% $6,703
MEMBER FIRST MORTGAGE, LLC 1 6.75% $3,811

WICHITA FALLS Average Closing Costs & Other Stats

WICHITA FALLS, TX's 91 lenders originated 2,326 loans during 2023. The total origination value was $457,460,000, with an average loan value of $196,672.

WICHITA FALLS's average closing costs are $4,939.

The top WICHITA FALLS lender as defined by loan originations is American National Bank & Trust, with 130 loans originated. Their average total fees are $3,580, which is $325 lower than the next largest lender, UNION SQUARE.

The lowest fee WICHITA FALLS lenders (with over 10 loans originated) are TEXOMA COMMUNITY CREDIT UNION ($2,914), American National Bank & Trust ($3,580), Prosperity Bank ($3,629), UNION SQUARE ($3,905) and Wells Fargo Bank ($3,922).

The lowest rate WICHITA FALLS lenders (with over 10 loans originated) are Prosperity Bank (6.65%), American National Bank & Trust (6.65%), First Bank (6.80%), PRIMELENDING, A PLAINSCAPITAL COMPANY (6.80%) and UNION SQUARE (6.82%).

WICHITA FALLS, TX Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
UNION SQUARE $69,105,000 $62,570,000 -9.5% 13.7%
American National Bank & Trust $59,845,000 $51,585,000 -13.8% 11.3%
FLAT BRANCH MORTGAGE, INC. $40,535,000 $34,440,000 -15.0% 7.5%
The Jacksboro National Bank $25,180,000 $21,545,000 -14.4% 4.7%
Mortgage Research Center, LLC $27,280,000 $20,935,000 -23.3% 4.6%
GREYSTONE FUNDING COMPANY LLC $19,200,000 n/a 4.2%
First Bank $26,805,000 $19,120,000 -28.7% 4.2%
Fidelity Bank $18,110,000 n/a 4.0%
TEXOMA COMMUNITY CREDIT UNION $17,905,000 $15,695,000 -12.3% 3.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $16,770,000 $14,895,000 -11.2% 3.3%
QUICKEN LOANS, LLC $13,860,000 $11,770,000 -15.1% 2.6%
UNITED WHOLESALE MORTGAGE, LLC $11,135,000 $8,660,000 -22.2% 1.9%
USAA Federal Savings Bank $8,610,000 $7,650,000 -11.1% 1.7%
NAVY FEDERAL CREDIT UNION $5,925,000 $6,615,000 11.6% 1.4%
First National Bank $14,005,000 $6,425,000 -54.1% 1.4%
THRIVE MORTGAGE, LLC $250,000 $5,185,000 1,974.0% 1.1%
Prosperity Bank $220,000 $4,960,000 2,154.5% 1.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,460,000 $4,600,000 3.1% 1.0%
WICHITA FALLS TEACHERS FEDERAL CREDIT UNION $3,875,000 n/a 0.8%
Legend Bank, N.A. $2,235,000 $3,670,000 64.2% 0.8%
CARDINAL FINANCIAL $3,985,000 $3,635,000 -8.8% 0.8%
First United Bank $4,440,000 $3,540,000 -20.3% 0.8%
CMG MORTGAGE, INC. $1,175,000 $3,395,000 188.9% 0.7%
MOVEMENT MORTGAGE, LLC $5,265,000 $3,315,000 -37.0% 0.7%
GUILD MORTGAGE COMPANY $3,560,000 $3,180,000 -10.7% 0.7%
21ST MORTGAGE CORPORATION $2,645,000 $3,110,000 17.6% 0.7%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,715,000 $2,920,000 70.3% 0.6%
GUARANTEED RATE, INC. $2,310,000 $2,860,000 23.8% 0.6%
Paramount Residential Mortgage Group, Inc. $2,785,000 n/a 0.6%
NBKC BANK $1,960,000 $2,415,000 23.2% 0.5%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $970,000 $2,260,000 133.0% 0.5%
LENDINGHOME FUNDING CORPORATION $455,000 $2,260,000 396.7% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $3,255,000 $2,180,000 -33.0% 0.5%
JPMorgan Chase Bank $6,585,000 $2,160,000 -67.2% 0.5%
Wells Fargo Bank $5,795,000 $2,130,000 -63.2% 0.5%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $7,790,000 $2,060,000 -73.6% 0.5%
Flagstar Bank, FSB $440,000 $2,060,000 368.2% 0.5%
Morgan Stanley Private Bank $255,000 $2,020,000 692.2% 0.4%
Pilgrim Bank $1,930,000 $1,965,000 1.8% 0.4%
BROKER SOLUTIONS, INC. $2,430,000 $1,960,000 -19.3% 0.4%
First Financial Bank $1,335,000 $1,620,000 21.3% 0.4%
The First National Bank of Albany $1,595,000 n/a 0.3%
Gateway First Bank $3,025,000 $1,445,000 -52.2% 0.3%
PENNYMAC LOAN SERVICES, LLC $4,340,000 $1,440,000 -66.8% 0.3%
LOANPEOPLE, LLC $395,000 $1,410,000 257.0% 0.3%
Network Funding, L.P. $1,070,000 $1,375,000 28.5% 0.3%
RF Renovo Management Company, LLC $780,000 $1,330,000 70.5% 0.3%
Waggoner National Bank $1,145,000 n/a 0.3%
FREEDOM MORTGAGE CORPORATION $1,225,000 $1,095,000 -10.6% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,640,000 $1,080,000 -34.1% 0.2%
Regions Bank $1,080,000 $1,040,000 -3.7% 0.2%
PENTAGON FEDERAL CREDIT UNION $1,140,000 $1,035,000 -9.2% 0.2%
LOANPAL, LLC $2,675,000 $975,000 -63.6% 0.2%
Armed Forces Bank $185,000 $780,000 321.6% 0.2%
Discover Bank $425,000 $770,000 81.2% 0.2%
Farmers Bank & Trust $770,000 n/a 0.2%
PNC Bank $125,000 $770,000 516.0% 0.2%
BETTER MORTGAGE CORPORATION $760,000 n/a 0.2%
Pinnacle Bank $755,000 n/a 0.2%
LOANDEPOT.COM, LLC $4,300,000 $750,000 -82.6% 0.2%
Town Square Mortgage & Investments, Inc. $195,000 $740,000 279.5% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $2,235,000 $730,000 -67.3% 0.2%
AXIA FINANCIAL, LLC $675,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $645,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $985,000 $600,000 -39.1% 0.1%
SFMC, LP $205,000 $585,000 185.4% 0.1%
Credit Union of Texas $575,000 n/a 0.1%
CROSSCOUNTRY MORTGAGE, LLC $2,525,000 $575,000 -77.2% 0.1%
NEWREZ LLC $3,330,000 $560,000 -83.2% 0.1%
City Bank $555,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $945,000 $555,000 -41.3% 0.1%
The Federal Savings Bank $255,000 $540,000 111.8% 0.1%
Bank of America $1,125,000 $505,000 -55.1% 0.1%
American Airlines Federal Credit Union $105,000 $485,000 361.9% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $85,000 $485,000 470.6% 0.1%
First United Bank and Trust Company $1,580,000 $475,000 -69.9% 0.1%
Extraco Banks $465,000 n/a 0.1%
BOKF $460,000 n/a 0.1%
MORTGAGE ACCESS CORP. $450,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $440,000 n/a 0.1%
EVERETT FINANCIAL, INC. $2,495,000 $440,000 -82.4% 0.1%
DAS Acquisition Company, LLC $665,000 $420,000 -36.8% 0.1%
MORTGAGE FINANCIAL SERVICES, LLC $680,000 $400,000 -41.2% 0.1%
TRIAD FINANCIAL SERVICES, INC. $405,000 $400,000 -1.2% 0.1%
Waterstone Mortgage Corporation $385,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $175,000 $375,000 114.3% 0.1%
EMBRACE HOME LOANS, INC. $365,000 n/a 0.1%
NexBank $2,160,000 $360,000 -83.3% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $125,000 $350,000 180.0% 0.1%
BancFirst $315,000 $340,000 7.9% 0.1%
American Mortgage & Equity Consultants, Inc. $335,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $205,000 $330,000 61.0% 0.1%
U.S. Bank $1,545,000 $325,000 -79.0% 0.1%
Equity Prime Mortgage LLC $330,000 $320,000 -3.0% 0.1%
MORIA DEVELOPMENT, INC. $315,000 n/a 0.1%
Arvest Bank $285,000 $300,000 5.3% 0.1%
CHURCHILL MORTGAGE CORPORATION $870,000 $295,000 -66.1% 0.1%
KeyBank $135,000 $295,000 118.5% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $295,000 n/a 0.1%
VAN DYK MORTGAGE CORPORATION $295,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $285,000 n/a 0.1%
TruHome Solutions, LLC $280,000 n/a 0.1%
Origin Bank $275,000 n/a 0.1%
AMCAP MORTGAGE, LTD. $2,175,000 $270,000 -87.6% 0.1%
Paramount Bank $255,000 n/a 0.1%
Plains Commerce Bank $330,000 $250,000 -24.2% 0.1%
AMERICAN FEDERAL MORTGAGE CORPORATION $245,000 n/a 0.1%
CLEARPATH LENDING $245,000 n/a 0.1%
SPRING EQ, LLC $160,000 $245,000 53.1% 0.1%
AMWEST FUNDING CORP. $175,000 $240,000 37.1% 0.1%
NBH Bank $105,000 $240,000 128.6% 0.1%
Colonial Savings, F.A. $325,000 $235,000 -27.7% 0.1%
FirstBank Southwest $235,000 n/a 0.1%
Affiliated Bank $230,000 n/a 0.1%
Citibank $85,000 $225,000 164.7% 0.0%
The Huntington National Bank $535,000 $225,000 -57.9% 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $225,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $220,000 n/a 0.0%
ACADEMY MORTGAGE CORPORATION $215,000 n/a 0.0%
A&D Mortgage LLC $85,000 $215,000 152.9% 0.0%
Fifth Third Bank $215,000 n/a 0.0%
GARDNER FINANCIAL SERVICES, LTD. $215,000 n/a 0.0%
LONE STAR STATE BANK $215,000 n/a 0.0%
Mid-Continent Funding, Inc. $105,000 $215,000 104.8% 0.0%
InterBank $25,000 $210,000 740.0% 0.0%
FirstBank $115,000 $205,000 78.3% 0.0%
Truist $815,000 $205,000 -74.8% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $195,000 n/a 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $195,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $185,000 n/a 0.0%
First Savings Bank $180,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $145,000 $175,000 20.7% 0.0%
Barrington Bank & Trust Company, N.A. $235,000 $175,000 -25.5% 0.0%
Cornerstone First Mortgage, Inc $175,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $170,000 n/a 0.0%
SWBC MORTGAGE CORPORATION $190,000 $170,000 -10.5% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $145,000 $165,000 13.8% 0.0%
NMSI, INC. $165,000 n/a 0.0%
The Citizens Bank $165,000 n/a 0.0%
Washington Federal Bank $165,000 $165,000 0.0% 0.0%
Beeline Loans, Inc. $145,000 $155,000 6.9% 0.0%
HOMESIDE FINANCIAL, LLC $155,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $155,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $155,000 n/a 0.0%
PHH Mortgage Corporation $155,000 n/a 0.0%
Republic State Mortgage Co. $605,000 $155,000 -74.4% 0.0%
Sunflower Bank $95,000 $155,000 63.2% 0.0%
ZILLOW HOME LOANS, LLC $340,000 $155,000 -54.4% 0.0%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $145,000 n/a 0.0%
Loan Simple, Inc. $145,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $105,000 $145,000 38.1% 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $610,000 $145,000 -76.2% 0.0%
GUARANTEED RATE AFFINITY, LLC $355,000 $140,000 -60.6% 0.0%
MK LENDING CORP. $135,000 n/a 0.0%
Nations Lending Corporation $135,000 n/a 0.0%
The City National Bank of Sulphur Springs $135,000 n/a 0.0%
Carrington Mortgage Services, LLC $925,000 $125,000 -86.5% 0.0%
Wallick & Volk, Inc. $120,000 n/a 0.0%
Herring Bank $75,000 $115,000 53.3% 0.0%
MICHIGAN MUTUAL, INC. $860,000 $115,000 -86.6% 0.0%
LENDINGONE, LLC $105,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $140,000 $105,000 -25.0% 0.0%
AMERICAN HERITAGE LENDING, INC. $95,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $125,000 $95,000 -24.0% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $85,000 n/a 0.0%
Frost Bank $85,000 n/a 0.0%
SUMMIT FUNDING, INC. $85,000 n/a 0.0%
The Loan Store, Inc. $85,000 n/a 0.0%
Ally Bank $75,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $75,000 n/a 0.0%
United Texas Credit Union $105,000 $75,000 -28.6% 0.0%
UNIVERSITY Federal Credit Union $75,000 n/a 0.0%
FIRST SERVICE Credit Union $65,000 n/a 0.0%
GULF COAST EDUCATORS FEDERAL CREDIT UNION $125,000 $65,000 -48.0% 0.0%
NAVY ARMY COMMUNITY CREDIT UNION $65,000 n/a 0.0%
TOGETHER CREDIT UNION $65,000 n/a 0.0%
RANDOLPH-BROOKS $170,000 $55,000 -67.6% 0.0%
First National Bank and Trust Company of Ardmore $45,000 n/a 0.0%
TEXANS $45,000 n/a 0.0%
Veritex Community Bank $45,000 n/a 0.0%
LIBERTYONE Credit Union $35,000 n/a 0.0%
Southwest Airlines Federal Credit Union $35,000 n/a 0.0%

WICHITA FALLS's top lender by overall market share is UNION SQUARE, with 13.7% market share. In second place, with 11.3%, is American National Bank & Trust, having originated $51,585,000 in loans. In third place, with 7.5%, is FLAT BRANCH MORTGAGE, INC., having originated $34,440,000 in loans. In fourth place, with 4.7%, is The Jacksboro National Bank, having originated $21,545,000 in loans. In fifth place, with 4.6%, is Mortgage Research Center, LLC, having originated $20,935,000 in loans.


WICHITA FALLS Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - WICHITA FALLS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $110,225 (0.3%) $167,092 (8.4%) 0.41 487
2018-02-01 $113,475 (3.3%) $166,502 (7.3%) 0.41 486
2018-03-01 $127,500 (14.1%) $175,469 (11.1%) 0.45 487
2018-04-01 $132,225 (15.1%) $187,891 (17.4%) 0.45 481
2018-05-01 $123,200 (7.2%) $183,840 (12.3%) 0.41 498
2018-06-01 $125,000 (9.7%) $183,799 (12.7%) 0.42 513
2018-07-01 $131,738 (19.8%) $183,841 (14.1%) 0.44 522
2018-08-01 $138,225 (31.7%) $187,094 (16.4%) 0.46 527
2018-09-01 $137,450 (25.0%) $187,260 (12.1%) 0.46 523
2018-10-01 $136,500 (18.8%) $187,613 (11.0%) 0.46 542
2018-11-01 $135,375 (17.0%) $190,868 (13.8%) 0.46 534
2018-12-01 $135,000 (20.5%) $190,414 (13.8%) 0.47 506
2019-01-01 $134,975 (22.5%) $195,673 (17.1%) 0.47 433
2019-02-01 $131,450 (15.8%) $196,184 (17.8%) 0.44 413
2019-03-01 $132,028 (3.6%) $195,055 (11.2%) 0.43 418
2019-04-01 $134,011 (1.4%) $193,274 (2.9%) 0.43 424
2019-05-01 $132,250 (7.4%) $194,317 (5.7%) 0.41 419
2019-06-01 $134,700 (7.8%) $194,907 (6.0%) 0.42 421
2019-07-01 $128,913 (-2.1%) $186,861 (1.6%) 0.40 476
2019-08-01 $131,100 (-5.2%) $189,394 (1.2%) 0.42 465
2019-09-01 $133,013 (-3.2%) $191,178 (2.1%) 0.43 451
2019-10-01 $136,000 (-0.4%) $193,046 (2.9%) 0.44 435
2019-11-01 $142,000 (4.9%) $197,063 (3.3%) 0.47 401
2019-12-01 $140,250 (3.9%) $197,685 (3.8%) 0.47 383
2020-01-01 $129,000 (-4.4%) $195,817 (0.1%) 0.43 357
2020-02-01 $125,000 (-4.9%) $195,712 (-0.2%) 0.41 312
2020-03-01 $148,225 (12.3%) $221,102 (13.4%) 0.46 310
2020-04-01 $156,500 (16.8%) $221,123 (14.4%) 0.49 300
2020-05-01 $189,700 (43.4%) $235,798 (21.4%) 0.58 252
2020-06-01 $193,450 (43.6%) $238,049 (22.1%) 0.57 222
2020-07-01 $158,075 (22.6%) $231,821 (24.1%) 0.46 226
2020-08-01 $159,950 (22.0%) $236,270 (24.8%) 0.46 231
2020-09-01 $157,450 (18.4%) $229,295 (19.9%) 0.45 217
2020-10-01 $159,900 (17.6%) $228,161 (18.2%) 0.46 214
2020-11-01 $151,825 (6.9%) $227,055 (15.2%) 0.44 197
2020-12-01 $144,900 (3.3%) $229,250 (16.0%) 0.43 153
2021-01-01 $129,900 (0.7%) $221,914 (13.3%) 0.39 126
2021-02-01 $122,950 (-1.6%) $202,737 (3.6%) 0.36 117
2021-03-01 $131,533 (-11.3%) $203,222 (-8.1%) 0.37 106
2021-04-01 $145,100 (-7.3%) $202,645 (-8.4%) 0.39 122
2021-05-01 $139,900 (-26.3%) $200,431 (-15.0%) 0.37 136
2021-06-01 $159,950 (-17.3%) $208,543 (-12.4%) 0.42 155
2021-07-01 $159,900 (1.2%) $200,780 (-13.4%) 0.42 195
2021-08-01 $164,600 (2.9%) $215,833 (-8.7%) 0.44 239
2021-09-01 $172,200 (9.4%) $230,120 (0.4%) 0.46 218
2021-10-01 $164,900 (3.1%) $251,311 (10.2%) 0.44 199
2021-11-01 $171,225 (12.8%) $270,043 (18.9%) 0.46 204
2021-12-01 $174,450 (20.4%) $274,377 (19.7%) 0.47 197
2022-01-01 $175,560 (35.2%) $281,617 (26.9%) 0.47 174
2022-02-01 $177,390 (44.3%) $293,723 (44.9%) 0.46 154
2022-03-01 $160,840 (22.3%) $287,990 (41.7%) 0.40 141
2022-04-01 $179,900 (24.0%) $288,747 (42.5%) 0.43 150
2022-05-01 $198,225 (41.7%) $301,841 (50.6%) 0.45 170
2022-06-01 $192,450 (20.3%) $294,522 (41.2%) 0.43 193
2022-07-01 $179,000 (11.9%) $276,024 (37.5%) 0.40 255
2022-08-01 $185,000 (12.4%) $264,662 (22.6%) 0.43 310
2022-09-01 $188,825 (9.7%) $262,945 (14.3%) 0.44 349
2022-10-01 $185,000 (12.2%) $246,003 (-2.1%) 0.44 359
2022-11-01 $190,450 (11.2%) $245,680 (-9.0%) 0.46 382
2022-12-01 $199,900 (14.6%) $247,116 (-9.9%) 0.49 363
2023-01-01 $199,900 (13.9%) $237,512 (-15.7%) 0.50 332
2023-02-01 $202,450 (14.1%) $239,003 (-18.6%) 0.49 301
2023-03-01 $206,000 (28.1%) $243,942 (-15.3%) 0.49 257
2023-04-01 $205,000 (14.0%) $245,607 (-14.9%) 0.48 248
2023-05-01 $216,675 (9.3%) $263,575 (-12.7%) 0.49 264
2023-06-01 $227,000 (18.0%) $270,094 (-8.3%) 0.51 301
2023-07-01 $220,000 (22.9%) $267,074 (-3.2%) 0.50 307
2023-08-01 $221,725 (19.9%) $265,946 (0.5%) 0.51 342
2023-09-01 $235,000 (24.5%) $269,109 (2.3%) 0.55 362
2023-10-01 $229,575 (24.1%) $266,546 (8.4%) 0.54 414
2023-11-01 $225,000 (18.1%) $275,371 (12.1%) 0.54 427
2023-12-01 $207,000 (3.6%) $256,754 (3.9%) 0.50 432
2024-01-01 $210,000 (5.1%) $264,656 (11.4%) 0.51 435
2024-02-01 $214,625 (6.0%) $265,935 (11.3%) 0.52 444
2024-03-01 $219,900 (6.8%) $267,660 (9.7%) 0.52 472
2024-04-01 $219,975 (7.3%) $265,775 (8.2%) 0.51 508
2024-05-01 $224,125 (3.4%) $269,474 (2.2%) 0.51 520
WICHITA FALLS's median listing price for 2024-05-01 was $224,125, a difference of $7,450 (3.4%) versus the prior year and $4,150 versus the prior month.

WICHITA FALLS's median listing price comes in at 51% of the national average.

WICHITA FALLS's average listing price for 2024-05-01 was $269,474, a difference of $5,899 (2.2%) versus the prior year and $3,699 versus the prior month.

For the 2024-05-01 period, WICHITA FALLS had 520 MLS listings, a difference of 12 listings (2%) versus the prior month and 256 listings (97%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - WICHITA FALLS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 74 days 1,630 sqft
2018-02-01 59 days 1,612 sqft
2018-03-01 51 days 1,680 sqft
2018-04-01 47 days 1,740 sqft
2018-05-01 44 days 1,699 sqft
2018-06-01 44 days 1,708 sqft
2018-07-01 47 days 1,745 sqft
2018-08-01 50 days 1,756 sqft
2018-09-01 57 days 1,766 sqft
2018-10-01 58 days 1,786 sqft
2018-11-01 60 days 1,811 sqft
2018-12-01 68 days 1,793 sqft
2019-01-01 77 days 1,794 sqft
2019-02-01 67 days 1,794 sqft
2019-03-01 52 days 1,803 sqft
2019-04-01 43 days 1,787 sqft
2019-05-01 44 days 1,767 sqft
2019-06-01 43 days 1,748 sqft
2019-07-01 38 days 1,707 sqft
2019-08-01 42 days 1,731 sqft
2019-09-01 48 days 1,753 sqft
2019-10-01 51 days 1,767 sqft
2019-11-01 50 days 1,800 sqft
2019-12-01 51 days 1,755 sqft
2020-01-01 58 days 1,730 sqft
2020-02-01 60 days 1,692 sqft
2020-03-01 51 days 1,799 sqft
2020-04-01 61 days 1,824 sqft
2020-05-01 65 days 1,924 sqft
2020-06-01 52 days 1,981 sqft
2020-07-01 40 days 1,859 sqft
2020-08-01 40 days 1,827 sqft
2020-09-01 40 days 1,862 sqft
2020-10-01 39 days 1,825 sqft
2020-11-01 45 days 1,823 sqft
2020-12-01 53 days 1,788 sqft
2021-01-01 52 days 1,706 sqft
2021-02-01 31 days 1,458 sqft
2021-03-01 32 days 1,487 sqft
2021-04-01 16 days 1,661 sqft
2021-05-01 16 days 1,705 sqft
2021-06-01 17 days 1,647 sqft
2021-07-01 22 days 1,570 sqft
2021-08-01 27 days 1,682 sqft
2021-09-01 36 days 1,695 sqft
2021-10-01 33 days 1,652 sqft
2021-11-01 37 days 1,652 sqft
2021-12-01 44 days 1,633 sqft
2022-01-01 47 days 1,659 sqft
2022-02-01 38 days 1,657 sqft
2022-03-01 23 days 1,610 sqft
2022-04-01 24 days 1,673 sqft
2022-05-01 18 days 1,698 sqft
2022-06-01 25 days 1,736 sqft
2022-07-01 25 days 1,573 sqft
2022-08-01 34 days 1,613 sqft
2022-09-01 38 days 1,625 sqft
2022-10-01 45 days 1,608 sqft
2022-11-01 49 days 1,622 sqft
2022-12-01 62 days 1,626 sqft
2023-01-01 65 days 1,626 sqft
2023-02-01 58 days 1,677 sqft
2023-03-01 44 days 1,680 sqft
2023-04-01 42 days 1,715 sqft
2023-05-01 34 days 1,731 sqft
2023-06-01 36 days 1,737 sqft
2023-07-01 38 days 1,728 sqft
2023-08-01 38 days 1,729 sqft
2023-09-01 44 days 1,733 sqft
2023-10-01 49 days 1,721 sqft
2023-11-01 51 days 1,714 sqft
2023-12-01 62 days 1,640 sqft
2024-01-01 66 days 1,658 sqft
2024-02-01 63 days 1,663 sqft
2024-03-01 52 days 1,693 sqft
2024-04-01 57 days 1,710 sqft
2024-05-01 56 days 1,714 sqft
WICHITA FALLS's median listing age (time on market) for 2024-05-01 was 56 days. This is 64% longer than the same period one year ago.

WICHITA FALLS's median square footage for active listings during the 2024-05-01 period was 1,714 sqft. One year prior, the average listing was 1,731 sqft.

WICHITA FALLS, TX Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
76228 Wichita Falls, TX MSA $750 $820 $1,000 $1,350 $1,550
76230 Wichita Falls, TX MSA $840 $910 $1,110 $1,500 $1,720
76261 Wichita Falls, TX MSA $750 $820 $1,000 $1,350 $1,550
76301 Wichita Falls, TX MSA $620 $680 $830 $1,120 $1,280
76302 Wichita Falls, TX MSA $740 $800 $980 $1,320 $1,520
76305 Wichita Falls, TX MSA $620 $680 $830 $1,120 $1,280
76306 Wichita Falls, TX MSA $720 $780 $960 $1,300 $1,480
76307 Wichita Falls, TX MSA $720 $780 $950 $1,280 $1,470
76308 Wichita Falls, TX MSA $730 $790 $970 $1,310 $1,500
76309 Wichita Falls, TX MSA $690 $740 $910 $1,230 $1,410
76310 Wichita Falls, TX MSA $740 $800 $980 $1,320 $1,520
76311 Wichita Falls, TX MSA $1,060 $1,150 $1,410 $1,910 $2,180
76351 Wichita Falls, TX MSA $620 $680 $830 $1,120 $1,280
76352 Wichita Falls, TX MSA $670 $730 $890 $1,200 $1,380
76354 Wichita Falls, TX MSA $720 $780 $950 $1,280 $1,470
76357 Wichita Falls, TX MSA $620 $680 $830 $1,120 $1,280
76360 Wichita Falls, TX MSA $630 $690 $840 $1,130 $1,300
76365 Wichita Falls, TX MSA $700 $760 $930 $1,260 $1,440
76366 Wichita Falls, TX MSA $680 $740 $900 $1,220 $1,390
76367 Wichita Falls, TX MSA $860 $930 $1,140 $1,540 $1,760
76369 Wichita Falls, TX MSA $720 $780 $950 $1,280 $1,470
76370 Wichita Falls, TX MSA $640 $700 $850 $1,150 $1,310
76374 Wichita Falls, TX MSA $620 $680 $830 $1,120 $1,280
76377 Wichita Falls, TX MSA $620 $680 $830 $1,120 $1,280
76379 Wichita Falls, TX MSA $620 $680 $830 $1,120 $1,280
76389 Wichita Falls, TX MSA $620 $680 $830 $1,120 $1,280

2022 Average & Median Rent Data Statistics
WICHITA FALLS, TX average 1BR rent: $767, median: $750
WICHITA FALLS, TX average 2BR rent: $937, median: $920
WICHITA FALLS, TX average 3BR rent: $1,265, median: $1,245

WICHITA FALLS, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,758 $342,450,000 $194,795
Cash Out Refi 229 $28,795,000 $125,742
Refi 173 $52,385,000 $302,803
Other 98 $10,530,000 $107,449
Home Improvement 67 $23,105,000 $344,851
NA 1 $195,000 $195,000

Wichita Falls's most frequently cited loan purpose was Home Purchase, with 1,758 originations. The 2nd most popular reason was Cash Out Refi, with 229 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 790 $192,780,000 $244,025
7-8% 543 $94,375,000 $173,803
Over 8% 426 $58,090,000 $136,362
5-6% 316 $70,080,000 $221,772
4-5% 51 $5,685,000 $111,471
<2.5% 15 $75,000 $5,000
3-4% 5 $485,000 $97,000

During 2023, Wichita Falls's most frequently originated rate bucket was 6-7%, with 790 originations.

Loan Sizing (WICHITA FALLS, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 914 $135,580,000 $148,337
$100,000 or less 644 $40,620,000 $63,075
$200k-400k 641 $170,345,000 $265,749
$400k-600k 89 $42,685,000 $479,607
$600k-1000k 26 $18,730,000 $720,385
$Over $1MM 12 $49,500,000 $4,125,000

WICHITA FALLS's loan sizing saw the bucket of loans from $100k-200k with 914 originations, totaling $135,580,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,055 $220,195,000 $208,716
60-80% 544 $112,980,000 $207,684
40-60% 197 $26,505,000 $134,543
20-40% 158 $28,280,000 $178,987
Over 100% 100 $26,210,000 $262,100
Under 20% 91 $6,665,000 $73,242

WICHITA FALLS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,055 originations, totaling $220,195,000 in origination value.