“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.
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