Market Intelligence Report — KS-620

Wichita, KS

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

Ref. No: 2026-KS-09
As of the latest 2026 data
Accelerated

Median Listing

$275K
-4.6% YoY

Pending Ratio

0.52
+5.0% YoY

Active Inventory

1,804
-11.2% YoY

Median DOM

51 Days
+1.0% YoY

Primary Intelligence Tool — Sold Score™

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The Wichita, KS market is currently categorized as Accelerated. Active listings have contracted by 11.2% year-over-year, while the pending ratio has increased by 5.0% year-over-year to 0.52, indicating a tightening supply-demand dynamic.

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

4.1%+0.2 pp YoY

Unemployment rate · Sep 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.

Supply continues to recede, with active listings down 11.2% year-over-year and new listings experiencing a 3.1% year-over-year decrease. The median listing price has remained stable month-over-month, although it shows a 4.6% decline year-over-year. Demand, as reflected by the pending ratio, has improved by 5.0% over the past year, absorbing a larger share of available inventory.

Historical Analysis

Market Trends

Median Price

$275K+0.0% MoM

Active Inventory

1,804-11.2% YoY

Days on Market

51+1.0% YoY

Sold Score™

74+5.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

74
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 environment, evidenced by an 11.2% year-over-year reduction in active listings, is contributing to increased pace. The rise in the pending ratio suggests sustained demand pressure, which may afford less negotiation flexibility for prospective purchasers. Price discipline remains relevant given the year-over-year decline in median listing prices.

Luxury Segment

The average listing price of $335,508 compared to the median of $275,000 indicates a segment of higher-priced properties. However, the median price per square foot has risen 3.1% year-over-year, suggesting stable value retention in the overall market, and there is no distinct signal for weakness in the luxury segment.

Supply Dynamics

1,804 active listings represent the current floor, with new supply arriving at roughly 820 per month.

Pricing Pressure
18.6%

of active listings carry a price reduction, -0.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.1% year-over-year.

Absorption
0.52

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

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

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

Buyer Demand Index
52%
Median Days on Market
51 days
Inventory YoY
−11%

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

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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 0.52 with median days on market at 51.

  • Are home prices dropping in Wichita?+

    Median listing price is $275K, -4.6% year over year. 18.6% of active listings carry a price reduction.

  • How fast are homes selling in Wichita?+

    The typical listing sits 51 days on market, a +1.0% change YoY. New listings are arriving at 820 per month.

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

    The average listing price of $335,508 compared to the median of $275,000 indicates a segment of higher-priced properties. However, the median price per square foot has risen 3.1% year-over-year, suggesting stable value retention in the overall market, and there is no distinct signal for weakness in the luxury segment.

  • 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