Secondary metropolitan market · Kansas · June 2026 data

Wichita Real Estate Market

As of June 2026, the median home listed in Wichita, KS asks $277,000 — down 8.0% year over year. Homes sell in a median of 50 days, with 1,711 active listings and 16% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$277,000
▼ 8.0% YoY
Median $ / sq ft
$147
1,813 sq ft median
Median days on market
50
June 2026
Active listings
1,711
For sale now
New listings
928
June 2026
Listings with price cuts
16%
Share of active
Median sale price (closed)
$262,495
▲ 7.1% YoY · closed sales
Sale-to-list ratio
99.5%
Closed sales
Homes sold / month
912
Closed sales

Wichita housing market statistics

The table summarizes Wichita's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Wichita, KS housing market at a glance — June 2026
MetricLatestDetail
Median listing price$277,000-8.0% YoY
Median price per sq ft$1471,813 sq ft median
Median days on market50+4% YoY
Active listings1,711-1% YoY
New listings this month928June 2026
Listings with a price cut16%Share of active
Median sale price (closed)$262,495+7.1% YoY
Sale-to-list ratio99.5%Closed sales
Gross rental yield4.8%2BR fair market rent

How have home prices changed in Wichita?

Wichita home prices are down 8.0% year over year and +0.2% month over month as of June 2026, at a $277,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$301K$293K$286K$278K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Wichita KS · trailing 8 quarters · source: public records and industry data.

The 10-year view
$316K$284K$253K$221K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Wichita KS · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Wichita?

Wichita has 1,711 active listings, 928 new this month, 1,111 pending as of June 2026. About 16% of active listings have cut their price, and inventory sits at 100% of its 2019 level — a balanced market by pace.

Active listings
1,711
New this month
928
Pending
1,111
Price-reduced
272

Is Wichita a good real estate investment?

Wichita scores 59/100 on WealthyBud's composite Investor Score, ranking #273 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
59/100
#273 of 932 covered metros
12-month outlook
-0.3%
Flat · model output, not advice
Price volatility
Low
σ 4.2% · 20-yr price-index swings
Momentum
51
Value
62
Rental yield
78
Supply risk
64
Market heat
73

Wichita scores 59/100 on our composite Investor Score (#273 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 51% over five years and +91% over ten, leaving prices 56% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,098/mo for a two-bedroom, the gross rental yield on the median listing is about 4.8%; active inventory sits at 100% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 8.0% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Wichita ranks on the trending markets index.

How much is a monthly mortgage payment in Wichita?

A home at Wichita's $277,000 median listing runs about $1,390 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,249/mo
−$142/mo vs today
At today's rate · 6.43%
$1,390/mo
National weekly average
If rates rise 1% · 7.43%
$1,539/mo
+$148/mo vs today

Principal & interest on the $277,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Wichita housing market?

Longer-run demand in Wichita shows up in 3,121 homes permitted in 2025; net migration of +380 residents; +0.3% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
3,121
▲ 3.7% vs 2024
4.8 per 1,000 residents
Net migration (2022–2023)
+380
▲ people, via tax-return records
net income flow −$25.2M/yr
Job growth (YoY)
+0.3%
▲ 317.3k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

What is the latest Wichita real estate news?

Recent headlines indicate Wichita's housing market features falling prices and affordability, though future sales volume is questioned. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Wichita housing market FAQ

What is the median home price in Wichita?
As of June 2026, the median listing price in Wichita, KS is $277,000, down 8.0% year over year (source: public records and industry data).
How much does it cost to buy a home in Wichita?
The median home listed in Wichita asks $277,000 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,390 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Wichita?
The median property in Wichita spends 50 days on the market, with 1,711 homes actively listed and 16% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Wichita?
With a median 50 days on market and 16% of active listings carrying a price cut, Wichita reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Wichita a good place to invest in real estate?
Wichita scores 59/100 on WealthyBud's Investor Score, ranking #273 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Wichita?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Wichita and the wider Kansas market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Kansas housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.