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
6.96%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.97% and
one month ago for the week of 2024-10-10, the
average rate was 6.3%.
Wichita Falls's average rate one year ago was 7.48%.
For refis of the same type during the week of 2024-11-14, the average rate
was 7.08%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Wichita Falls 30 Year Fixed Rate | 2024-11-14 | 6.96% |
| Wichita Falls 30 Year Fixed Rate Refi | 2024-11-14 | 7.08% |
| Wichita Falls 15 Year Fixed Rate | 2024-11-14 | 7.35% |
| Wichita Falls 15 Year Fixed Rate Refi | 2024-11-14 | 6.59% |
| Wichita Falls 30 Year FHA | 2024-11-14 | 0.06% |
| Wichita Falls 30 Year FHA Refi | 2024-11-14 | 0.1% |
| Wichita Falls 30 Year USDA | 2024-11-14 | 0.2% |
| Wichita Falls 30 Year USDA Refi | 2024-11-14 | 0.1% |
| Wichita Falls 30 Year VA | 2024-11-14 | -0.18% |
| Wichita Falls 30 Year VA Refi | 2024-11-14 | 0.1% |
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.).
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 |
| 2024-06-01 | $215,000 (-5.3%) | $265,460 (-1.7%) | 0.48 | 510 |
| 2024-07-01 | $215,000 (-2.3%) | $260,738 (-2.4%) | 0.49 | 554 |
| 2024-08-01 | $215,000 (-3.0%) | $261,808 (-1.6%) | 0.50 | 575 |
| 2024-09-01 | $210,000 (-10.6%) | $265,168 (-1.5%) | 0.49 | 599 |
| 2024-10-01 | $209,950 (-8.6%) | $264,582 (-0.7%) | 0.49 | 584 |
WICHITA FALLS's median listing price for 2024-10-01 was $209,950, a difference of
$-19,625
(-8.6%) versus the prior year and
$-50 versus the prior month.
WICHITA FALLS's median listing price comes in at 49% of the national average.
WICHITA FALLS's average listing price for 2024-10-01 was $264,582, a difference of $-1,964 (-0.7%) versus the prior year and $-586 versus the prior month.
For the 2024-10-01 period, WICHITA FALLS had 584 MLS listings, a difference of -15 listings (-3%) versus the prior month and 170 listings (41%) versus the prior year.
WICHITA FALLS's median listing price comes in at 49% of the national average.
WICHITA FALLS's average listing price for 2024-10-01 was $264,582, a difference of $-1,964 (-0.7%) versus the prior year and $-586 versus the prior month.
For the 2024-10-01 period, WICHITA FALLS had 584 MLS listings, a difference of -15 listings (-3%) versus the prior month and 170 listings (41%) 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 |
| 2024-06-01 | 55 days | 1,691 sqft |
| 2024-07-01 | 57 days | 1,677 sqft |
| 2024-08-01 | 54 days | 1,673 sqft |
| 2024-09-01 | 59 days | 1,655 sqft |
| 2024-10-01 | 61 days | 1,668 sqft |
WICHITA FALLS's median listing age (time on market) for 2024-10-01 was 61 days.
This
is 23%
longer
than the same period one year ago.
WICHITA FALLS's median square footage for active listings during the 2024-10-01 period was 1,668 sqft. One year prior, the average listing was 1,721 sqft.
WICHITA FALLS's median square footage for active listings during the 2024-10-01 period was 1,668 sqft. One year prior, the average listing was 1,721 sqft.
WICHITA FALLS, TX Average Rent (2023)
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| 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.