Wichita housing market
Typical home value
$222K
▲ 2.9% 1 yr
Typical rent
$1,206/mo
▲ 4.3% 1 yr
12-month forecast
+3.9%
#56 of 546 metros
Gross rent yield
6.5%
#186 of 546 · U.S. 6.3%
Days to pending
42 days
■ 0 days 1 yr
Listings with a price cut
23%
▼ −2.2 pts 1 yr
Key takeaways
- 1The typical home is worth $222,219, up 2.9% in a year and up 30% over five years.
- 2Zillow forecasts home values rising 3.9% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,206/mo (+4.3% YoY), a 6.5% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,221/mo in principal and interest, $15 more than renting.
- 5Homes go under contract in 42 days (0 days vs last year); 23% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 49/100, #149 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Wichita compares
| Measure | Wichita | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +2.9% | +1.2% | #217 |
| Home value, 5-yr change | +30.0% | +19.7% | |
| 12-month forecast | +3.9% | +1.1% | #56 |
| Rent, 1-yr change | +4.3% | +2.7% | #162 |
| Gross rent yield | 6.5% | 6.3% | #186 |
| Price-to-rent ratio | 15.4 | 15.8 | |
| Mortgage P&I on typical home | $1,221 | $2,012 | |
| Income needed to buy | $67,541 | $100,902 | |
| Days to pending | 42 | 56 |
Cities in the Wichita metro
2 cities with home value and rent data.
Run the numbers
Rental property calculator
Cash flow on a typical Wichita rental ($222K, $1,206/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Wichita home.
Rent vs buy
Is it cheaper to rent or buy in Wichita?
Other Kansas metros
Topeka, KS
$217K home$1,250 rent6.9% yield
▲ 1.2% 1 yr
Manhattan, KS
$268K home$1,262 rent5.7% yield
▲ 3.1% 1 yr
Lawrence, KS
$336K home$1,563 rent5.6% yield
▲ 3.4% 1 yr
Hutchinson, KS
$155K home$827 rent6.4% yield
▲ 6.2% 1 yr
Salina, KS
$179K home$1,066 rent7.1% yield
▲ 4.9% 1 yr
Emporia, KS
$191K home$718 rent4.5% yield
▲ 3.4% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.