Metro area index
Home appreciation in the Wichita Falls, TX metro area
FHFA HPI® data shows the Wichita Falls, TX metro area's all-transactions index changed +0.8% over the year to Q2 2026, versus +1.6% for Texas and +3.0% for the U.S. That ranks 334th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +0.8%
- 5-year change
- +34.2%
- Since Q1 1995
- +207%
- Metro rank (1 year)
- 334th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Wichita Falls, TX vs Texas and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Wichita Falls, TX: 307.1
- Texas: 409.6
- United States: 391.6
Appreciation by time window
| Window | Metro | TX | U.S. | Gap vs TX | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +0.8% | +1.6% | +3.0% | −0.8 pts | −2.2 pts |
| 3 years | +10.9% | +6.2% | +12.9% | +4.7 pts | −1.9 pts |
| 5 years | +34.2% | +34.4% | +41.3% | −0.1 pts | −7.0 pts |
| 10 years | +83.3% | +87.1% | +93.3% | −3.8 pts | −10.0 pts |
| Since Q1 1995 | +207% | +310% | +292% | −102.5 pts | −84.4 pts |
3-digit ZIP regions in the Wichita Falls, TX area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 763 · Wichita Falls, TX area | TX | +1.4% | +36.2% | +213% | 86% |
Boom, bust, and recovery in Wichita Falls, TX area
Wichita Falls, TX area's index peaked in Q3 2009, fell 2.1% to its low in Q2 2011, and regained its peak in Q3 2011, about 2 years after the top. Today it sits +94.1% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q3 2009 | Q2 2011 | -2.1% | Q3 2011 (2 yrs) | +94.1% |
| TX | Q1 2009 | Q2 2011 | -4.2% | Q2 2013 (4.2 yrs) | +134% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Wichita Falls, TX area's index has changed +38.7% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | TX after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -3.0% | -2.2% | -0.8% |
| 3 years | +9.8% | +1.0% | -3.3% | +2.8% |
| 5 years | +24.0% | +8.2% | +8.3% | +13.9% |
| 10 years | +39.1% | +31.8% | +34.5% | +39.0% |
| Since Q1 1995 | +121% | +38.7% | +85.0% | +76.8% |
If you bought in the Wichita Falls, TX area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +205% | $913,835 |
| Q2 2000 | +168% | $803,120 |
| Q2 2005 | +116% | $648,613 |
| Q2 2010 | +95.6% | $586,854 |
| Q2 2015 | +90.0% | $569,974 |
| Q2 2020 | +54.9% | $464,847 |
| Q2 2021 | +34.2% | $402,719 |
| Q2 2023 | +10.9% | $332,739 |
| Q2 2025 | +0.8% | $302,383 |
Frequently asked questions
- How much have home prices risen in the Wichita Falls, TX area?
- FHFA HPI® data for the Wichita Falls, TX metro area shows changes of +0.8% over one year, +34.2% over five years, and +83.3% over ten years to Q2 2026, and +207% since Q1 1995.
- Is the Wichita Falls, TX area beating the national average?
- Over the past year the metro's index moved −2.2 pts versus the U.S.; over five years the gap is −7.0 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.