Is Kansas, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kansas is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Kansas was a Seller's Market.

Key Takeaway

Kansas is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kansas, OK

How much do homes in Kansas, OK cost?

Median Sold Price

$285,000

$189/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$10,000(-3.4%)

Key Takeaway

Homes in Kansas have sold for 3.4% less than they did a month ago.

Summary: The median home sold price in Kansas was $285,000 in December 2024, down 3.4% from last month, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$242.5K
N/A
3 $315K$432.5K
+37.3%
4 --
N/A
5+ $259K-
N/A

Summary: Kansas housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 37.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kansas, OK

How many homes are available in Kansas, OK?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2324+4.3%

Summary: The Kansas real estate market had 24 homes for sale in December 2024, a 4.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1314
+7.7%
4 44
0.0%
5+ 11
0.0%

Summary: The Kansas housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kansas, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Kansas in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Kansas, OK

How long does it take to sell a home in Kansas, OK?

Average Sale Time

Nov 2024Dec 2024CHANGE
60 Days92 Days+53.3%

Summary: Homes in Kansas had an average of 92 days on market in Dec 2024, up by 53.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kansas has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Kansas; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Kansas, OK

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