Kansas started 2024 with a total of 3,546 single-family homes on the market, with a median home price of $276,750 and an average price per square foot of $158.48. By the end of the year, inventory had increased to 4,622 homes on the market (+30%), with a median home price of $289,995 (+5%), and an average price per square foot of $171 (+8%).
At the start of 2024, the median days on market (DOM) was 70 days – by the end of the year, median DOM had increased to 77 days.
Kansas started the year with 30.49% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 33.73% of homes for sale had taken a price cut.
