Dodge City, KS Housing Market

Cool Market

Metro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Dodge City, KS metro area.

Data period: May 2026

Market snapshot

Median sale price
$219K
Median days on market
35 days
Months of supply
4.3
Active inventory
98
Homes sold
23
Listings with price drop
16.3%
Data month
May 2026

Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.

Rental Investor Snapshot

Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.

Market temperature
Balanced
Buyer leverage
Medium
Pricing signal vs. U.S. median
Easier buy-in vs. U.S. median (price only)
Investor fit (heuristic)
Buy-in vs. U.S.

Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.

Cool Market

Buyer activity is slowing, creating more negotiating room.

Dodge City, KS market summary

The Dodge City, KS metro area housing market is cooling down. As of May 2026, the median home sale price is $219K, down 4.4% year-over-year. Homes are spending a median of 35 days on the market, 43.5% shorter than a year ago.

There are 98 homes for sale — 34.2% more than last year. With 4.3 months of supply, this is a balanced market. 14 new listings were added during this period, down 48.1% year-over-year.

0.0% of homes sell above their asking price. 16.3% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

67

Contributing Factors

Months of Supply 4.3
Days on Market 35
Price Drops 16.3%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $450K) 51.4%
Days on Market (National: 42) 16.7%
Inventory (National: 1,460,440) 100.0%

vs. Kansas Median

Median Price (Kansas: $316K) 30.9%
Days on Market (Kansas: 19) 84.2%

Investor takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 51% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.

Dodge City, KS market trends

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Detailed market metrics

Median list price

$242K

Price per sq ft

$173

Sale-to-list ratio

N/A

Months of supply

4.3

Sold above list

0.0%

Price drops

16.3%

New listings

14

48.1% YoY

Pending sales

19

Off market in 2 weeks

36.8%

Dodge City, KS housing market FAQs

What is the median home price in Dodge City, KS?

For the latest published month, the median sale price in Dodge City, KS is $219K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.

Is Dodge City, KS a buyer's or seller's market?

With about 4.3 months of supply, the market is often closer to balanced — neither extreme scarcity nor extreme surplus.

How long do homes stay on the market in Dodge City, KS?

For the latest published month, the median days on market in Dodge City, KS is 35 days — half of homes went pending faster and half slower.

Is Dodge City, KS good for rental property investors?

Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Dodge City, KS can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.

How should investors analyze a rental property in Dodge City, KS?

Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Dodge City, KS deals.

National context

Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.

Underwrite a Dodge City, KS deal with real numbers

Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.

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