Hays, KS metro area Housing Market

Cold Market

Comprehensive housing market data for the Hays, KS metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$240K

22.6% YoY

Days on Market

134 days

28.8% YoY

Active Inventory

84

21.7% YoY

Homes Sold

19

171.4% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Hays, KS metro area Market Summary

The Hays, KS metro area housing market is cooling down. As of January 2026, the median home sale price is $240K, down 22.6% year-over-year. Homes are spending a median of 134 days on the market, 28.8% longer than a year ago.

There are 84 homes for sale — 21.7% more than last year. With 4.4 months of supply, this is a balanced market. 25 new listings were added during this period, up 19.0% year-over-year.

0.0% of homes sell above their asking price. 15.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 4.4
Days on Market 134
Price Drops 15.5%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 43.3%
Days on Market (National: 66) 103.0%
Inventory (National: 1,210,379) 100.0%

vs. Kansas Median

Median Price (Kansas: $281K) 14.6%
Days on Market (Kansas: 47) 185.1%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 43% below the national median, which could indicate stronger cash flow potential.

Hays, KS metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Not enough data for Sale-to-List Ratio trend

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$250K

Price per Sq Ft

$124

Sale-to-List Ratio

N/A

Months of Supply

4.4

Sold Above List

0.0%

Price Drops

15.5%

New Listings

25

19.0% YoY

Pending Sales

25

Off Market in 2 Weeks

40.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.