Market report · KS

Wichita, KS

Balanced's market

Wichita's market is in transition: +2.8% YoY, median DOM 12 days. Selective deals only.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$204k
Typical home value
↑11.6%
+2.8%
YoY change
$1,118
Median rent
↑12.5%
6.58%
Gross yield
12
Median DOM
60/100
MDR score
Detail Value Detail Value
Median list price $249,967 Median sale price $226,325
Sale-to-list ratio 1.000 % sold below list +45.8%
Active inventory 1,117 New listings 464
Trends · 36-month series

How Wichita has moved.

Typical home value $183k → $204k · ↑11.6% (36mo)
$183k $190k $197k $204k May 23Nov 24Apr 26
Median rent (ZORI) $994 → $1k · ↑12.5% (36mo)
$994 $1k $1k $1k May 23Nov 24Apr 26
Median days on market 30d → 12d · ↓60.7% (36mo)
12d 18d 24d 30d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.998 → 1.000 · ↑0.2% (36mo)
0.998 0.999 0.999 1.000 Jan 26Feb 26Mar 26

Wichita sits at a median home value of $204,104 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.

The sale-to-list ratio of 1.000 signals a balanced market — neither bid wars nor fire sales dominate. 45.8% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents tell a stronger story. The Zillow Observed Rent Index for Wichita is $1,118/mo against a $204k median — that’s a 6.58% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.

Median days-on-market is running around 12 days against 1,116.667 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Wichita is 60/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Solid mid-tier. A disciplined operator can build a real book here; a tourist will get hurt.

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FAQ

Wichita for investors.

Is Wichita a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Wichita is 60/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Wichita is a solid mid-tier market — workable for disciplined operators but not a top-of-list pick.

What is the median home price in Wichita?

The typical home value in Wichita as of the most recent Zillow read is $204,104. Median list price is $249,967 and median sale price is $226,325. Year-over-year change: +2.8%.

What can a landlord expect to rent a property for in Wichita?

Zillow's Observed Rent Index for Wichita is $1,118/mo. Against the typical home value of $204k, that produces a gross annual rent yield of 6.58% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.

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

Wichita's current sale-to-list ratio is 1.000 with 45.8% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 12 days. Active inventory: 1,117 listings.

Which investment strategy works best in Wichita?

Wichita's data favors BRRRR and long-term rentals — strong gross yield with stable to appreciating prices. See the per-strategy breakdowns at /wholesaling/wichita, /brrrr/wichita, and /flipping/wichita.

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