Kansas Real Estate Market Update: May 2026 This report provides an overview of key real estate market indicators for Kansas as of May 2026, relevant for For Sale By Owner (FSBO) sellers.
Data reflects statewide trends and may vary by specific local markets.
Median Home Prices As of May 2026, the median home sale price across Kansas reached approximately $265,000.
This represents a 4.9% increase compared to May 2025.
Over the past quarter, the median price has shown a consistent upward trend, indicating sustained appreciation in property values statewide.
Price growth has been observed across various property types, including single-family homes and townhouses.
Days on Market (DOM) The average number of Days on Market (DOM) for homes sold in Kansas during May 2026 was 38 days.
This figure is slightly higher than the 35 days recorded in April 2026 but remains lower than the 42 days observed in May 2025.
Properties that are priced competitively and presented well tend to spend less time on the market.
The current DOM suggests a market where homes are selling at a moderate pace, not as rapidly as peak seller's markets but still with reasonable efficiency.
Buyer Demand Buyer demand in Kansas remains robust in May 2026.
Mortgage interest rates have stabilized after recent fluctuations, contributing to renewed buyer confidence.
Data indicates a strong number of showings per listing and a consistent volume of purchase agreements being executed.
While multiple offer scenarios are less prevalent than in earlier periods of high demand, they continue to occur, particularly for well-maintained properties in desirable locations.
The number of pending sales statewide increased by 3.2% from April to May 2026, indicating continued buyer activity.
Inventory Levels Housing inventory levels in Kansas saw a modest increase in May 2026.
The total number of active listings statewide rose by 2.1% compared to April 2026, bringing the total to approximately 2.8 months of supply.
This is an increase from 2.6 months of supply in May 2025.
While this represents a slight loosening of the market compared to prior years, current inventory levels still indicate a seller's market, as a balanced market typically features 5-6 months of supply.
The increase in new listings has been partially offset by ongoing buyer activity, preventing a significant accumulation of available homes.