Wichita, KS metro area house prices are forecasted to underperform the national market over the next twelve months. Currently, the market is outperforming the overall U.S. market. Compared to 12-months ago, Wichita, KS housing market has strengthened. Current local economic conditions support an estimated 6.7% increase in house prices over the next twelve months. The metro market ranks 157 among 402 US metro housing markets.
Housing Market Vitality
Wichita, KS local economy is specialized in Mining and Manufacturing. Pro Bus svcs, Fncl activities, and Information industry sectors are less important to the local economy compared to the national economy.
Compared to the U.S., there is a lower incidence of poverty amongst Wichita, KS residents and they have less purchasing power. There are more high school graduates and a smaller proportion of the population is college educated. Wichita, KS population is comparatively less diverse than the overall U.S. population.
Updated July 01, 2021 with data through May 2021