Wichita Falls, TX Real Estate

According to census data in the year 2000 there were 41,842 housing units in Wichita Falls. This represents a 3.7% growth from 40,364 in 1990.

Of those housing units, 40,951 were located in either urbanized areas or urban clusters, and 891 were located in what is classified as a rural area.

Homeownership rate in Wichita Falls is about 57.7%. Wichita Falls's vacancy rate, including seasonal lodging, is about 9.5%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Wichita Falls were built after 1967.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom15.30%
Two Bedrooms30.30%
Three Bedrooms42.50%
Four Bedrooms9.20%
Five Bedrooms or more0.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1965
Median Value of occupied units$62,700
Median Price asked for vacant units$38,700

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1970
Median Monthly Rent asked for vacant units$343

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.40%
Home Equity Loan3.30%
Simple Mortgage54.10%
Debt Free41.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17%