In November, home prices remained unchanged from the month before, with a median listing price of $275,000.
The number of listings on the market remained practically unchanged from last month, which is typical for this time of the year in Wichita, and homes are also selling at the same pace as the same time last year.
Home prices in Wichita
Typically, home price per square foot in Wichita tend to fall in November. And the most recent data shows that the price per square foot decreased by 0.6% compared with the month before.
So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 1.2%, which means price changes in the Air Capital of the World are smaller the national market.
Wichita inventory
In November, there were 1,061 homes for sale in Wichita, which was practically unchanged from the month before and 15.6% more than the same time last year.
Meanwhile, active inventory across the nation fell by 2.5% from last month to 1,072,266.
Time on market
Homes in Wichita take an average of 50 days to sell, according to November figures.
This is five days more than the previous month and the same as the same month last year.
For comparison, nationally homes spent an average of 64 days on the market in November.
Use the Realtor.com data portal to get more market data, broken down by state, metro or ZIP code.
* Here’s a live look at popular listings and recent home sales in Wichita, KS.