Hays, KS metro area Housing Market

Cool 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: March 2026

Median Sale Price

$240K

6.9% YoY

Days on Market

92 days

8.9% YoY

Active Inventory

101

38.4% YoY

Homes Sold

28

7.7% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Hays, KS metro area Market Summary

The Hays, KS metro area housing market is cooling down. As of March 2026, the median home sale price is $240K, up 6.9% year-over-year. Homes are spending a median of 92 days on the market, 8.9% shorter than a year ago.

There are 101 homes for sale — 38.4% more than last year. With 3.6 months of supply, this is a seller's market. 32 new listings were added during this period, up 3.2% year-over-year.

0.0% of homes sell above their asking price. 15.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 3.6
Days on Market 92
Price Drops 15.8%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 45.2%
Days on Market (National: 55) 67.3%
Inventory (National: 1,314,690) 100.0%

vs. Kansas Median

Median Price (Kansas: $302K) 20.7%
Days on Market (Kansas: 35) 162.9%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 45% below the national median, which could indicate stronger cash flow potential.

Hays, KS metro area Market Trends

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Detailed Market Metrics

Median List Price

$217K

Price per Sq Ft

$117

Sale-to-List Ratio

N/A

Months of Supply

3.6

Sold Above List

0.0%

Price Drops

15.8%

New Listings

32

3.2% YoY

Pending Sales

36

Off Market in 2 Weeks

44.4%

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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.