Market Intelligence Report — KS-620

Wichita, KS

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

Ref. No: 2026-KS-05
As of the latest 2026 data
Accelerated

Median Listing

$276K
-7.8% YoY

Pending Ratio

0.72
+3.8% YoY

Active Inventory

1,654
+2.0% YoY

Median DOM

44 Days
+0.0% YoY

Primary Intelligence Tool — Sold Score™

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The Wichita housing market is currently in an Accelerated condition, reflecting a pending ratio of 0.72. This indicates that demand is outpacing the available inventory, driving absorption at a heightened pace relative to the market size.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Wichita market right now.

Median listing prices have experienced a year-over-year contraction of 7.8%, with a marginal month-over-month decrease of 0.5%. Active listings have shown a modest year-over-year increase of 2.0%, while new listings have declined by 2.9% over the past year. The pending ratio has increased by 3.8% year-over-year, signaling strengthening demand relative to supply.

Historical Analysis

Market Trends

Median Price

$276K-0.5% MoM

Active Inventory

1,654+2.0% YoY

Days on Market

44+0.0% YoY

Sold Score™

71+3.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

71
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 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

With a pending ratio of 0.72, the market exhibits sustained demand pressure. This condition suggests that buyers face a market where competition for available properties is increasing, leading to a faster absorption of inventory. Sellers may find an environment conducive to more rapid transactions, though sustained price discipline remains important given the year-over-year price contraction.

Luxury Segment

The average listing price has declined by 2.1% year-over-year, while the median listing price has seen a more significant 7.8% year-over-year decrease. This differential suggests some relative softening in the higher-price tiers compared to the broader market. The median price per square foot has increased by 1.4% year-over-year, providing a partially offsetting signal within the luxury segment.

Supply Dynamics

1,654 active listings represent the current floor, with new supply arriving at roughly 940 per month.

Pricing Pressure
12.6%

of active listings carry a price reduction, -1.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.4% year-over-year.

Absorption
0.72

Pending-to-active ratio — Accelerated.

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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 0.72 with median days on market at 44.

  • Are home prices dropping in Wichita?+

    Median listing price is $276K, -7.8% year over year. 12.6% of active listings carry a price reduction.

  • How fast are homes selling in Wichita?+

    The typical listing sits 44 days on market, a +0.0% change YoY. New listings are arriving at 940 per month.

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

    The average listing price has declined by 2.1% year-over-year, while the median listing price has seen a more significant 7.8% year-over-year decrease. This differential suggests some relative softening in the higher-price tiers compared to the broader market. The median price per square foot has increased by 1.4% year-over-year, providing a partially offsetting signal within 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