“The spring market is off to a strong start, with sales up year-over-year in most markets across the state,” said KAR president Jamie Sauder with with Coldwell Banker Emporia Real Estate in Emporia.
January 2025 Market Highlights
- Home sales in Kansas rose 7.0% in January 2025 compared to the same period last year. National sales rose with sales rising 2.0% over 2024.
- Home prices continue to increase across the state. The statewide average sale price in January was $299,768 a 9.0% increase compared to last year. Midwest prices rose 7.2% and US prices rose by 4.8%.
- Mortgage rates decreased slightly. The national average commitment rate on 30-year conventional mortgage for the week ending February 21, 2025 was 6.85%. View Freddie Mac’s report.
To view December stats, click here.
For national perspective, click here to check out NAR’s Existing Home Sales Snapshot.
KAR – The Voice of Real Estate in Kansas
For 100 years, the Kansas Association of REALTORS® has been the “Voice for Real Estate” in Kansas. Working for Kansas property owners, the Association provides a facility for professional education, research and information exchange among its 10,000 member licensees, as well as to consumers, government and the media. REALTORS® agree to abide by a strict code of ethics, and are held to a high ethical standard by their peers through their association membership. The term REALTOR® is a federally-registered trademark owned by the NATIONAL ASSOCIATION OF REALTORS®, and denotes membership in the non-profit Association.
