Is Wichita, KS 67227 a buyer’s or seller’s market?
Wichita is a seller’s market. With about 1.1 months of supply and 33% 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.
The Wichita housing market right now
In the three months ending August 31, 2026, 33% of homes in Wichita, KS 67227 sold above their list price, the typical home went under contract in 97 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (114 days then) and the median sale price fell 1% to $187,719. Overall, Wichita is more competitive than a year ago, so tougher for buyers.
Within Sedgwick County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell more often over asking than in 84%.
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.
Run the numbers for 67227
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 1.1 months of supply in Wichita, KS 67227 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 97 days in the latest three months.
Do homes in Wichita sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 97.9% 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 $187,719 in the three months ending August 31, 2026, about $136 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