Commercial Real Estate Market in Wichita Falls, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
113 active listings and 4,008 off-market properties in Wichita Falls, TX. Commercial property asks $74/SF to buy and $14.14/SF/Yr to lease.
Market Trends
Wichita Falls, TX spans 439.6 square miles in Wichita County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Wichita Falls, TX has a median asking sale price of $154/SF (based on 7 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Wichita Falls, TX (the middle half): Lease $11.89–$15.87/SF/Yr (median $14.14/SF/Yr, 9 listings).
Retail
Retail space in Wichita Falls, TX has a median asking sale price of $74/SF. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Wichita Falls, TX (the middle half): Sale $49.66–$121/SF (median $73.61/SF, 11 listings).
Industrial
Industrial space in Wichita Falls, TX has a median asking sale price of $46/SF (based on 5 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Wichita Falls, TX has a median asking sale price of $77/SF (based on 6 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Wichita Falls, TX has 101,097 residents in 46,473 households. Density runs 230 people per square mile. Median household income here is $61,766 and median gross rent $955 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Wichita Falls?
How much does it cost to lease commercial space in Wichita Falls?
Where does Realmo's Wichita Falls market data come from?
Methodology & data sources
- Asking prices and medians
- There are 64 active for-sale and 49 active for-lease listings in Wichita Falls, TX. The medians are based on 35 of the for-sale and 19 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
