KS · Metro #94

Wichita - KS housing market

The Wichita metro has a typical home value of $226,045, up 3.5% from a year ago. Homes are moving fast at 13 days on market, a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$226,045
+3.5% vs. year ago
Median sale price
$242,808
+4.1% YoY
Median list price
$287,667
Sale-to-list ratio
99.1%
Selling below ask
Days on market
13d
Listings w/ price cut
22.2%
New listings / mo
876
-4.4% YoY
Homes for sale
2,324
+0.2% YoY
Typical rent
$1,214/mo
+5.1% YoY
Rent vs buy
15.5x
Context

How to read this data

The typical home value ($226,045) 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 3.5% over the past year. In Wichita - KS, that means a home worth $218,401 last year is now worth roughly $226,045.

The median sale price, what homes actually close for, is $242,808. Homes are selling at 99.1% of list price, meaning buyers have room to negotiate.

Homes listed in Wichita - KS sit on the market for roughly 13 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 876 new listings hit the market each month in Wichita - KS. There are currently 2,324 homes for sale, up 0.2% from a year ago.

The typical monthly rent in Wichita - KS is $1,214, up 5.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.5x, toss-up (#134 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,162 a month in principal and interest, $52 less than renting before taxes, insurance and upkeep. The two break even at a 7.09% 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 September 2026. Methodology →

Related

Other metros in KS

MetroHome value1-yr changeDays on market
Topeka - KS$220,299 +1.8% 8.0d
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