Wichita, KS Federal Housing Finance Agency Home Price Index (FHFA HPI)

As of September 2020, the Wichita, KS, Federal Housing Finance Agency (FHFA) house price index was 154.9. This is a 0.4% increase from the August 2020 index of 154.4. The September 2020 index is also 1.2% higher than the September 2019 index of 153.3.

The FHFA house price indexes are based on home sales data from Freddie Mac and Fannie Mae. The Wichita, KS, metropolitan statistical area includes Sedgwick County and Butler County in Kansas.

In September 2020, the median sales price of a home in Wichita was $186,000, an increase of 2% from the August 2020 median sales price of $182,000 and an increase of 5% from the September 2019 median sales price of $177,000.

The average 30-year fixed mortgage rate was 3.03% in September 2020, down from 3.09% in August 2020 and down from 4.54% in September 2019 according to Freddie Mac's Primary Mortgage Market Survey® (PMMS®).

According to Realtor.com®, homes for sale in Wichita had a median listing price of $189,900 in September 2020, which is an increase of 2% from August 2020 and an increase of 5% from September 2019 . The number of homes for sale in Wichita decreased by 9% between August 2020 and September 2020 , while the number of homes for sale nationwide decreased by 7%.

According to Zillow®, as of October 8th2020 , the median home value in Wichita is $161,100 , which is a 0 % decreasefrom last monthand a 4 % decreasefrom last year . The median rentpriceinWichitais$1120 , which isa0 %increasefrom last monthand a3 %increasefrom last year .