Reports  ›  Weekly · 2026-05-24

Kansas real estate — week of May 22, 2026

All 2 of Kansas's major metros showed positive year-over-year median sale-price reads this week. Range this week: wichita at +3.4% YoY to topeka at +18.7%.

Headline numbers

Topeka

$173K +18.7%

Wichita

$228K +3.4%

This week's signals

Strength 5 / 5

6.8 mo

Lawrence supply now 6.8 months — buyer's market

Lawrence jumped from a seller's market to a buyer's market in one month — unusual and worth verifying before making client-facing calls.

Strength 4 / 5

$169K

Topeka median price -10.3% YoY

Price-per-sqft also -1.7% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$208K

Wichita median price -5.2% YoY

Price-per-sqft also -0.6% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

10 listings

Haysville new listings -52.4% vs. 5-year average for this month

Far fewer sellers are listing than is typical for this month — the scarcity tends to harden prices and compress DOM on whatever does come to market.

Strength 4 / 5

97.1%

Topeka sale-to-list dropped below 1.0 — 97.1%

Typical closed deal now prints below list; buyers have real negotiating room for the first time in this market's recent cycle.

Strength 4 / 5

101.2%

Lawrence sale-to-list broke above 1.0 — 101.2%

Typical closed deal is now clearing at or over list price; sellers have regained pricing leverage in the last month.

Strength 4 / 5

25 listings

Park City new listings +95.3% vs. 5-year average for this month

Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.

Strength 4 / 5

22 days

Derby homes taking 22 days to sell — +120.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Kansas.

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