The story of this market
The typical home in ZIP 76305 sells for about $450,000, or $163 per square foot.
Prices are up +2.3% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 76305 — Benjamin
The 76305 housing market exhibits low inventory and a high median price point relative to the surrounding Wichita Falls area. Market activity is limited, with few closed sales, suggesting a niche market for larger residential properties.
This area is primarily suited for buyers seeking larger lots and rural-suburban living, as evidenced by the higher median price point and lower density compared to the Wichita Falls urban core.
Median prices moved up 2.3% year over year.
Homes spend a median of 92 days on market with 3.0 months of supply — a balanced-paced market.
50% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.2% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 76305
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
The economy is anchored by the broader Wichita Falls regional market, which includes manufacturing, healthcare, and military sectors.
Data retrieved from City-Data and Census Bureau ZCTA profiles.
- Castaway Cove Waterpark4.18.5 mi
- Plex Entertainment413.2 mi
- Boomtown Bay Family Aquatic Center4.313.1 mi
- Urban Air Trampoline and Adventure Park3.710.8 mi
- Chuck E. Cheese4.112.8 mi
- MPEC4.48.4 mi
- 8th St. Coffee House4.68.3 mi
- Memorial Stadium4.414.7 mi
- River Bend Nature Center4.69.2 mi
- Half Pint Taproom & Restoration Hall4.58 mi
- Lucy Park4.49.2 mi
- Castaway Cove Waterpark4.18.5 mi
- Cinemark Wichita Falls 144.510.8 mi
- River Bend Nature Center4.69.2 mi
- The World's Littlest Skyscraper4.58 mi
- River Bend Nature Center4.69.2 mi
- Kemp Center for the Arts (Arts Council WF)4.88.3 mi
- Wichita Falls Museum of Art4.611.5 mi
- Museum of North Texas History4.68.1 mi
- Kell House Museum4.78.6 mi
- Lucy Park4.49.2 mi
- River Bend Nature Center4.69.2 mi
- Hamilton Park4.510.3 mi
- Wichita RiverBend RV Park4.29 mi
- Wichita Bluff Nature Area4.711.2 mi
- Sikes Senter3.811.8 mi
- Ross Dress for Less411.9 mi
- T.J. Maxx4.411.9 mi
- Sheppard Main Exchange4.37.8 mi
- Burlington4.412.1 mi
- Wichita Falls Regional Airport3.96.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.