Is Wichita, KS 67204 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wichita is a seller’s market. With about 1.3 months of supply and 26% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score66/ 100

More competitive than 69% of U.S. ZIP codes, and #58 of 122 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.3Under 4 months = seller’s market
Sold above original list26.1%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$155▲ +16.7% vs. last year

The Wichita housing market right now

In the three months ending August 31, 2026, 26% of homes in Wichita, KS 67204 sold above their list price, the typical home went under contract in 23 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 71 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (28% then), homes sold about as fast and the median sale price rose 9% to $269,783. Overall, Wichita is about as competitive as it was a year ago.

Within Sedgwick County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 59%. On our competition score, Wichita ranks #58 of 122 KS ZIP codes with enough sales (score 66 out of 100).

Nearby, buyers who want less competition could look at Wichita 67202 (0% sold over asking) or Mount Hope 67108 (0% sold over asking), while Andale 67001 (60% sold over asking) and Wichita 67217 (39% sold over asking) are even more competitive.

Nearby markets

Andale 67001Seller’s market $178 /sq ftBentley 67016 $113 /sq ftCheney 67025Seller’s market $127 /sq ftClearwater 67026Seller’s market $129 /sq ft Browse all markets →

Where Wichita is

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Questions about Wichita real estate

Is Wichita a buyer’s or seller’s market?

A seller’s market: there were 1.3 months of supply in Wichita, KS 67204 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Wichita?

The typical home went under contract in 23 days in the latest three months.

Do homes in Wichita sell over asking?

26% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Wichita?

About 1.21% of a home’s value a year in Sedgwick County, or roughly $4,840 on a $400,000 home.

What is the median home price in Wichita?

The median sale price was $269,783 in the three months ending August 31, 2026, about $155 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology