Markets  ›  KS  ›  Wichita

Wichita, KS housing market

Wichita, KS metro median sale price $256K in Jul–Sep 2026, up 0.6% year over year. Also days on market, price cuts, affordability and ZIP-code figures.

The median sale price in the Wichita, KS metro is $256K over Jul–Sep 2026, up 0.6% from the same 3 months a year earlier. The gain is smaller than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a larger change, up 4.5% through Q2 2026, 3.9 points apart; Price reconciliation below shows both.

On median sale price, Wichita ($256K) ranks 3rd of the four Kansas metros Pecan Street tracks, between Manhattan ($277K) and Topeka ($226K). On median days on market, Wichita (54 days) ranks 2nd of the four Kansas metros, between Manhattan (57 days) and Lawrence (43 days). Wichita has the lowest share of listings with a price cut of the four Kansas metros (29%); Manhattan (33%) is next.

Listings spent a median 54 days on market in Oct 2026, fewer than in most of the 385 metros. 29% of active listings carry a price cut; the 3-month average vs a year earlier is 2.7 points lower. That share is lower than in most of the 385 metros. Median asking prices sit about 7% above the median sale price. Building permits authorized 475 new housing units in Sep 2026.

At the 7.12% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,381 a month; at 28% of gross income, that takes about $59K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio up 5.1% from a year earlier. Active listings ask a median $144 per square foot; the 3-month average vs a year earlier is up 2.3%.

In nine of the 12 ZIP codes in the table below, median list prices are lower than a year earlier; three are higher.

Headline

Median sale price

Jul–Sep 2026

$256K

+0.6% year-over-year

How it’s calculated

Average of the last three monthly median sale prices vs. the same three months a year earlier.

Mortgage rate

Nov 4, 2026

7.12%

30-year fixed

Where it comes from

National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.

The same rate appears on every market page.

Monthly payment

Principal & interest

$1,381/mo

$59K/yr income needed

How it’s calculated

Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.

Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.

How Wichita compares to other U.S. metros

Price cuts↓286th of 385
Days on market↓259th of 385
Home-price growth↓256th of 383
Asking-vs-sale gap↑112th of 300 (top 38%)
Price-to-rent180th of 373 (top 49%)

Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.

Affordability

Price-to-rent ratio≈ 15 +5.1% YoY
180th of 373 (top 49%)
Asking price / sq ft$144 +2.3% 3-month average vs a year earlier

Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Oct 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market pressure

Listings with a price cut≈ 29% -2.7 pts 3-month average vs a year earlier
↓286th of 385
New housing units permitted475

The median asking price $275K runs about 7% above the median sale price $256K.

Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Oct 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, Oct 2026); sale is the headline median of recent closings (Redfin, Jul–Sep 2026) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market facts

ZIPs with listing data12 shown of 85
MLS board of recordSunflower Association of REALTORS MLS
Price methodologyRedfin vs FHFA HPI
Sale-price windowJul–Sep 2026

Recent signals

No signals flagged for this market right now.

Housing Economy

Wichita · ConstructionCOPIED

Wichita builders pulled 15.1% more single-family permits than a year earlier

Single-family building permits in the Wichita metro area, by month, one line per year, units

AprJulOct7010514017521020252026
AprJulOct7010514017521020252026
2024
Chart data
Month202420252026
Dec109145—
Nov103133—
Oct154149—
Sep118112179
Aug11197117
Jul119133124
Jun133118133
May128128175
Apr129129164
Mar99184140
Feb107101112
Jan798298

Source: U.S. Census Bureau, Building Permits Survey · data through September 2026

Builders in the Wichita metro area pulled 1,669 single-family permits in the twelve months through September 2026, 15.1% more than in the twelve months before. So far in 2026, permits are running 14.6% above the same months of 2025.

Why it matters. Permits come before starts, and starts come before new homes for sale, so this is the earliest read on how much new building is planned in the Wichita area. When the permit pipeline shrinks, buyers see fewer new-build options later; when it grows, sellers of existing homes face more competition from builders.

Wichita · Home pricesCOPIED

Wichita home prices are 4.5% higher than a year ago

Home prices in the Wichita metro area, change from a year earlier, FHFA all-transactions index, quarterly, percent; shaded bars mark recessions

19801990200020102020-6%0%6%12%18%Wichita
19801990200020102020-6%0%6%12%18%Wichita
No changeRecession
Chart data
DateWichita
Jun 20264.5%
Mar 20264.9%
Dec 20253.7%
Sep 20253.3%
Jun 20252.8%
Mar 20255.6%
Dec 20245%
Sep 20245.6%
Jun 20248%
Mar 20247.6%
Dec 20238%
Sep 20237.1%
Jun 20235.2%
Mar 20238.8%
Dec 202211.5%
Sep 202214.3%
Jun 202216.4%
Mar 202216.2%
Dec 202114.1%
Sep 202114.1%
Jun 202113.1%
Mar 20217.6%
Dec 20207.8%
Sep 20206.4%
Jun 20204.2%
Mar 20205.9%
Dec 20194.8%
Sep 20193.6%
Jun 20195.3%
Mar 20193.1%
Dec 20183.4%
Sep 20183.3%
Jun 20183.6%
Mar 20185.7%
Dec 20172.8%
Sep 20174.3%
Jun 20173.9%
Mar 20171.9%
Dec 20165.4%
Sep 20163.8%
Jun 20163.1%
Mar 20161.9%
Dec 20152%
Sep 20152.9%
Jun 20154.5%
Mar 20155%
Dec 20142.3%
Sep 20141.8%
Jun 2014-0.1%
Mar 2014-1.9%
Dec 20130.1%
Sep 20131%
Jun 20131.4%
Mar 20131.4%
Dec 2012-1.1%
Sep 2012-0.2%
Jun 2012-1.5%
Mar 2012-1%
Dec 2011-0.8%
Sep 2011-3.2%
Jun 2011-1.8%
Mar 2011-0.7%
Dec 2010-0.2%
Sep 20100.4%
Jun 2010-1.1%
Mar 2010-1.3%
Dec 20090.7%
Sep 20091.5%
Jun 20090.5%
Mar 20091.4%
Dec 20080.1%
Sep 20081%
Jun 20081.9%
Mar 20083.5%
Dec 20074.6%
Sep 20073.3%
Jun 20075%
Mar 20073.8%
Dec 20061.6%
Sep 20062.9%
Jun 20062.5%
Mar 20062.5%
Dec 20054%
Sep 20052.9%
Jun 20052.5%
Mar 20051.9%
Dec 20042.4%
Sep 20043.5%
Jun 20043.1%
Mar 20043.6%
Dec 20032.6%
Sep 20032.8%
Jun 20033%
Mar 20032.7%
Dec 20023.8%
Sep 20022.9%
Jun 20023.6%
Mar 20023.8%
Dec 20014.4%
Sep 20015.6%
Jun 20016.3%
Mar 20014.6%
Dec 20004.3%
Sep 20002.2%
Jun 20000.8%
Mar 20003.2%
Dec 19991.4%
Sep 19993.6%
Jun 19995%
Mar 19994.7%
Dec 19985.6%
Sep 19986%
Jun 19985.2%
Mar 19986.2%
Dec 19975.3%
Sep 19973.5%
Jun 19973.1%
Mar 19971.1%
Dec 19962.3%
Sep 19962.3%
Jun 19963%
Mar 19963.7%
Dec 19953.6%
Sep 19952.5%
Jun 19952.4%
Mar 19953.3%
Dec 19943.3%
Sep 19945.2%
Jun 19945.3%
Mar 19945.5%
Dec 19935.4%
Sep 19933.5%
Jun 19934.1%
Mar 19932.7%
Dec 19922.2%
Sep 19925.2%
Jun 19922.5%
Mar 19923.1%
Dec 19913.3%
Sep 19910.1%
Jun 19911%
Mar 1991-0.4%
Dec 1990-0.4%
Sep 19900.4%
Jun 19901.3%
Mar 19902%
Dec 1989-0.3%
Sep 19891.2%
Jun 1989-0.4%
Mar 1989-1.7%
Dec 19881.1%
Sep 1988-3%
Jun 1988-3.1%
Mar 1988-0.7%
Dec 1987-3.1%
Sep 19871.5%
Jun 19873%
Mar 19871.6%
Dec 19863.2%
Sep 19866%
Jun 19864.6%
Mar 19862.9%
Dec 19853.9%
Sep 1985-0.3%
Jun 1985-1.2%
Mar 19850.1%
Dec 19840.6%
Sep 19840.8%
Jun 1984-0.8%
Mar 19841.7%
Dec 19831.1%
Sep 19831.7%
Jun 19837.5%
Mar 19832.3%
Dec 19820%
Sep 19823.5%
Jun 19822.5%
Mar 19829.5%
Dec 19815.3%
Sep 19811%
Jun 19812.1%
Mar 1981-4.4%
Dec 19806.4%
Sep 19804.2%
Jun 19805.4%
Mar 198010.9%
Dec 19796.8%
Sep 197914.8%
Jun 197917%
Mar 197912.4%
Dec 197812.1%
Sep 197811.1%
Jun 19787.3%
Mar 197814.5%
Dec 197712.2%
Sep 197710.5%

Source: FHFA house price index; recession dates from NBER · data through Q2 2026

FHFA's all-transactions index for the Wichita metro area in the second quarter of 2026 was 4.5% above its level a year earlier. Since 1977, prices have risen an average of 3.7% a year. Nationally, prices were 3.0% higher than a year earlier.

Why it matters. Long-run context shows how the latest change in Wichita home prices compares with the market's own history, including the recessions shaded on the chart. When appreciation slows, sellers have less room for a list price to run ahead of recent sales, and buyers feel less pressure to stretch to keep up; when it speeds up, the reverse holds: list prices can run ahead of recent sales and buyers compete harder.

Price reconciliation

amber · 3.9pp

Redfin (metro)

+0.6%

FHFA HPI · Q2 2026

+4.5%

Year-over-year home-price change from two independent methods — Redfin (sale prices over the last 3 months) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.

More markets in KS

LawrenceManhattanTopeka

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ZIP-level data

ZIPMedian list priceActive listingsNew listingsPrice reductionsDays on marketHome value
67002$398K↓70↓16↑24↓64↓$333K↑
67037$315K↓110↑40↑44↑42↓$286K↑
67042$167K↑53↓16↓16↓47↑$172K↑
67052$260K↓141↑12↓16↓121↑$309K↑
67101$425K↓56↓12↓8↓120↑$313K↑
67147$300K↓51↑8↓8↓81↑$277K↑
67205$363K↓92↓32↓28↓69↑$366K↑
67207$273K↓72↓44↓32↓47↑$237K↑
67212$275K↑79↑28↓36↑37↑$240K↑
67226$317K↓135↑32↑2466↓$327K↑
67230$472K↑52↓28↓16↓49↑$438K↑
67235$330K↓95↑20↓16↓62↑$364K↑

ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.