KS · Metro #94

Wichita - KS housing market

The Wichita metro has a typical home value of $222,219, up 2.9% from a year ago. Homes are moving fast at 15 days on market, a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$222,219
+2.9% vs. year ago
Median sale price
$241,396
+2.1% YoY
Median list price
$284,900
Sale-to-list ratio
98.7%
Selling below ask
Days on market
15d
Listings w/ price cut
23.2%
New listings / mo
833
-5.0% YoY
Homes for sale
2,383
-4.5% YoY
Typical rent
$1,206/mo
+4.4% YoY
Income needed to buy
$64,700
Rent vs buy
15.4x
October 2026 report · Zillow data through September 2026

Wichita housing market, October 2026

The typical Wichita home is worth $222,219 as of September 2026, up 0.0% from the prior month, up 0.0% over three months, and up 2.9% from a year ago. Over the past two years values have ranged from $214,183 to $222,219.

Homes are going pending in about 15 days, slower than the 12 days seen three months earlier. There are roughly 2,383 homes for sale, 4% fewer than a year ago. 23.2% of listings have taken a price cut (up from 21.2% three months ago).

Typical rent is $1,206 a month, up 4.4% year over year, which puts the price-to-rent ratio at 15.4.

At this week's 7.40% mortgage rate with 20% down ($44,444), the typical Wichita home costs about $1,509 a month including tax and insurance, which needs a household income of roughly $64,700 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$222k$214kOct 24Oct 25Sep 26
Days to pending, 24 months
36d10dOct 24Oct 25Sep 26
Homes for sale, 24 months
2.6k2.0kOct 24Oct 25Sep 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →

Context

How to read this data

The typical home value ($222,219) is the Zillow Home Value Index for the Wichita - KS metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.9% over the past year. In Wichita - KS, that means a home worth $215,956 last year is now worth roughly $222,219.

The median sale price, what homes actually close for, is $241,396. Homes are selling at 98.7% of list price, meaning buyers have room to negotiate.

Homes listed in Wichita - KS sit on the market for roughly 15 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 833 new listings hit the market each month in Wichita - KS. There are currently 2,383 homes for sale, down 4.5% from a year ago.

The typical monthly rent in Wichita - KS is $1,206, up 4.4% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.4x, toss-up (#140 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,231 a month in principal and interest, $25 more than renting before taxes, insurance and upkeep. The two break even at a 7.19% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →

Related

Other metros in KS

MetroHome value1-yr changeDays on market
Topeka - KS$216,883 +1.2% 13.0d
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