Commercial Real Estate Market in Wichita Falls, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
276 active listings and 4,009 off-market properties in Wichita Falls, TX. Commercial property asks $6/SF to buy and $15.65/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 August 2026.
Office
Office space in Wichita Falls, TX asks $63/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Wichita Falls, TX asks $83/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Wichita Falls, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Wichita Falls, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
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.
101,097
Population
46,473
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
90%
High-School Grad
439.6 sq mi
ZIP Area
230
Density / Sq Mi
$61,766
Median Household Income
$37,814
Median Earnings
$955
Median Rent
$150,732
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dean | — | — |
| Pleasant Valley | — | — |
| Lakeside City | — | — |
| Cashion Community | — | — |
Commercial property in Wichita Falls, TX asks $6/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wichita Falls?
Commercial property in Wichita Falls, TX asks an average of $6 per square foot. Retail carries the highest asking price at $83/SF.
How much does it cost to lease commercial space in Wichita Falls?
Asking lease rates in Wichita Falls, TX average $15.65 per square foot per year.
Where does Realmo's Wichita Falls market data come from?
Realmo compiles Wichita Falls, TX figures from 206 active sale listings, 70 active lease listings, 4,009 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 206 active for-sale and 70 active for-lease listings in Wichita Falls, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
