Secondary metropolitan market · Kansas · September 2026 data

What is the Wichita, KS real estate market doing?

As of September 2026, the median home listed in Wichita, KS asks $275,000, down 4.6% year over year. Homes spend a median of 51 days on market, with 1,804 active listings and 19% carrying a price cut; pending contracts equal 52% of active listings, and inventory sits at 104% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 4.8%. Figures come from public records and industry data, updated monthly.

Median listing price
$275,000
▼ 4.6% YoY
Median $ / sq ft
$145
1,811 sq ft median
Median days on market
51
September 2026
Active listings
1,804
For sale now
New listings
820
September 2026
Listings with price cuts
19%
Share of active
Inventory vs 2019
104%
Same month, 2019 = 100
Pending / active
52%
Contract activity
Median sale price (closed)
$250,000
▼ 3.9% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
964
Closed sales · July 2026, seasonally adjusted

What is the Wichita, KS housing market doing right now?

The Wichita, KS housing market lists at a $275,000 median as of September 2026, down 4.6% year over year, with a 51-day median market time and 1,804 homes for sale (19% with a price cut). Active inventory is 104% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.8%.

Wichita housing market statistics

The table summarizes Wichita's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Wichita.

Wichita, KS housing market at a glance — September 2026
MetricLatestDetail
Median listing price$275,000-4.6% YoY
Median price per sq ft$1451,811 sq ft median
Median days on market51+1% YoY
Active listings1,804-11% YoY
New listings this month820September 2026
Listings with a price cut19%Share of active
Median sale price (closed)$250,000-3.9% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio52.0%938 pending
Inventory vs 2019104%Active listings vs same month in 2019
Gross rental yield4.8%2BR fair market rent

How have home prices changed in Wichita?

Wichita home prices are down 4.6% year over year and 0.0% month over month as of September 2026, at a $275,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

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

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 1,804 active listings, 820 new this month, 938 pending as of September 2026. About 19% of active listings have cut their price, and inventory sits at 104% of its 2019 level — a balanced market by pace.

Active listings
1,804
New this month
820
Pending
938
Price-reduced
335

Is Wichita a good real estate investment?

Wichita scores 63/100 on WealthyBud's composite Investor Score, ranking #213 of 933 covered U.S. metros as of September 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
63/100
#213 of 933 covered metros
12-month outlook
+1.0%
Flat · model output, not advice
Price volatility
Low
σ 4.2% · 20-yr price-index swings
Momentum
64
Value
62
Rental yield
77
Supply risk
64
Market heat
78

Wichita scores 63/100 on our composite Investor Score (#213 of 933 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 104% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 4.6% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

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 $275,000 median listing runs about $1,505 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,359/mo
−$146/mo vs today
At today's rate · 7.28%
$1,505/mo
National weekly average
If rates rise 1% · 8.28%
$1,657/mo
+$152/mo vs today

Principal & interest on the $275,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Wichita?

To buy Wichita’s $275,000 median listing with 20% down, a household needs about $77,000 a year in gross income, keeping principal, interest and property tax ($1,799/mo) at 28% of income. That is 1.1× the area’s $68,930 median household income, so a typical Wichita household cannot afford the median listing on these terms.

Income needed to buy the median home in Wichita, KS — September 2026
ItemAmountBasis
Median listing price$275,000September 2026
Down payment (20%)$55,000Assumption
Principal & interest (7.28%, 30-yr fixed)$1,505/moRate as of 2026-10-01
Property tax (1.28% effective rate)$293/moCensus ACS
Income needed (28% rule)$77,000Gross household income / yr
Median household income$68,930Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

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; +2.3% 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)
+2.3%
▲ 317.4k nonfarm jobs · August 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 September 2026, the median listing price in Wichita, KS is $275,000, down 4.6% 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 $275,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,505 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Wichita?
The median property in Wichita spends 51 days on the market, with 1,804 homes actively listed and 19% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Wichita?
With a median 51 days on market and 19% of active listings carrying a price cut, pending contracts at 52% of active listings, Wichita reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Wichita a good place to invest in real estate?
Wichita scores 63/100 on WealthyBud's Investor Score, ranking #213 of 933 covered U.S. metros as of September 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, September 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.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.