Market Intelligence Report — KS-620

Wichita, KS

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

Ref. No: 2026-KS-07
As of the latest 2026 data
Accelerated

Median Listing

$272K
-9.0% YoY

Pending Ratio

0.63
+11.8% YoY

Active Inventory

1,682
-10.9% YoY

Median DOM

51 Days
+5.2% YoY

Primary Intelligence Tool — Sold Score™

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The Wichita market demonstrates an accelerated pace, characterized by a pending ratio of 0.63, reflecting a notable year-over-year increase of 11.8%. This absorption rate suggests demand is moderately outpacing current inventory levels.

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

4.3%+0.1 pp YoY

Unemployment rate · Jun 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 contracted by 10.9% year-over-year, while new listings also saw a modest decline of 3.6% over the past year, contributing to tighter supply conditions. Concurrently, the median listing price has decreased by 9.0% year-over-year, alongside a 1.6% month-over-month decline, indicating price adjustments in the face of evolving market dynamics. Median days on market have slightly extended by 5.2% year-over-year, yet the pending ratio has risen significantly, suggesting continued demand absorption.

Historical Analysis

Market Trends

Median Price

$272K-1.6% MoM

Active Inventory

1,682-10.9% YoY

Days on Market

51+5.2% YoY

Sold Score™

77+11.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

77
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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 elevated pending ratio, currently at 0.63, indicates an accelerated pace of absorption, creating pressure for efficient transactions. While inventory contraction places some pressure on supply, recent price adjustments suggest a market where pricing discipline is increasingly important. The environment points to a need for agile negotiation and strategic positioning for both sides of a transaction.

Luxury Segment

The average listing price has declined by 2.4% year-over-year, and the average-vs-median spread suggests some softness at the higher price tiers. However, the median price per square foot has seen a modest increase of 1.0% year-over-year, indicating a nuanced picture at different price points.

Supply Dynamics

1,682 active listings represent the current floor, with new supply arriving at roughly 962 per month.

Pricing Pressure
14.8%

of active listings carry a price reduction, -2.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.0% year-over-year.

Absorption
0.63

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Wichita, KS? Inventory is down 11% from last year.

Demand in Wichita, KS is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
63%
Median Days on Market
51 days
Inventory YoY
−11%

Demand is strong in Wichita, KS. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell

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The Monthly Briefing

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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 0.63 with median days on market at 51.

  • Are home prices dropping in Wichita?+

    Median listing price is $272K, -9.0% year over year. 14.8% of active listings carry a price reduction.

  • How fast are homes selling in Wichita?+

    The typical listing sits 51 days on market, a +5.2% change YoY. New listings are arriving at 962 per month.

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

    The average listing price has declined by 2.4% year-over-year, and the average-vs-median spread suggests some softness at the higher price tiers. However, the median price per square foot has seen a modest increase of 1.0% year-over-year, indicating a nuanced picture at different price points.

  • 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