Market Intelligence Report — KS-620

Wichita, KS

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KS-08
As of the latest 2026 data
Accelerated

Median Listing

$275K
-5.1% YoY

Pending Ratio

0.58
+7.6% YoY

Active Inventory

1,728
-12.0% YoY

Median DOM

50 Days
+4.2% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's accelerated Wichita market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Wichita, KS.

Free ReportNo Sign-up~60 Seconds

The Wichita market currently presents as Accelerated, with a pending ratio of 0.58 indicating a strong pace of demand absorption relative to available inventory. Active listings have contracted by 12.0% year-over-year, alongside a 5.1% year-over-year decline in the median listing price, suggesting a dynamic environment for transactions.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.5%-0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

663,809+0.7% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Wichita market right now.

Active listings have decreased notably by 12.0% over the past year, while new listings have seen a modest 4.0% increase. The median listing price has experienced a 5.1% year-over-year reduction, even as the median price per square foot rose by 2.3% over the same period. Demand absorption, as reflected by the pending ratio, has improved year-over-year by 7.6%, climbing from a lower base, which contributes to the accelerated market condition.

Historical Analysis

Market Trends

Median Price

$275K+0.9% MoM

Active Inventory

1,728-12.0% YoY

Days on Market

50+4.2% YoY

Sold Score™

78+7.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

78
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The contracting inventory of active listings places upward pressure on the pace of transactions. With a pending ratio of 0.58, properties are moving relatively quickly, and the decline in active listings suggests less optionality for those seeking to acquire property. Price discipline may be firming in certain segments, despite the overall median price decline, as evidenced by the increase in median $/sqft.

Luxury Segment

The average listing price has declined by 1.4% year-over-year, while the median listing price has fallen more significantly by 5.1%. This divergence, with a higher average price coupled with a larger median price decline, suggests some softness in the luxury segment where higher-priced properties may be experiencing greater price adjustments or slower absorption.

Supply Dynamics

1,728 active listings represent the current floor, with new supply arriving at roughly 948 per month.

Pricing Pressure
16.4%

of active listings carry a price reduction, -0.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.3% year-over-year.

Absorption
0.58

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Wichita, KS? Inventory is down 12% from last year.

Wichita, KS is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
58%
Median Days on Market
50 days
Inventory YoY
−12%

Wichita, KS is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score

Prefer the data first? Get the monthly Wichita, KS briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Wichita, KS yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Wichita market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Metro Demographics

Metro Area
Wichita, KS
CBSA Code
48620
State
KS

ZIPs in Wichita, KS

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Wichita?+

    As of the latest 2026 data, the Wichita metro is classified as Accelerated. Pending ratio is 0.58 with median days on market at 50.

  • Are home prices dropping in Wichita?+

    Median listing price is $275K, -5.1% year over year. 16.4% of active listings carry a price reduction.

  • How fast are homes selling in Wichita?+

    The typical listing sits 50 days on market, a +4.2% change YoY. New listings are arriving at 948 per month.

  • What's happening in the Wichita luxury market?+

    The average listing price has declined by 1.4% year-over-year, while the median listing price has fallen more significantly by 5.1%. This divergence, with a higher average price coupled with a larger median price decline, suggests some softness in the luxury segment where higher-priced properties may be experiencing greater price adjustments or slower absorption.

  • Where can I find a trusted Wichita real estate expert?+

    Primpted maintains a vetted registry of Wichita agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 48620 · 36mo history