Commercial Real Estate Market in Kansas

Kansas has 1,946 active for-sale listings and 982 active for-lease listings. Statewide, the median asking price is $139/SF and the median asking rent is $16.00/SF/Yr as of November 2026. Realmo tracks 21 city markets here; among the 9 with enough listings to rank, median asking prices range from $48/SF in Galena to $252/SF in Lenexa.

Median asking price
$139/SF
Median asking rent
$16.00/SF/Yr
For-sale listings
1,946
For-lease listings
982
City markets
21

Highest- and Lowest-Priced Markets

Asking prices vary across Kansas: the median in Lenexa is $252/SF, 5.3x the $48/SF median in Galena. The figures below are median asking prices from live listings, not closed sales.

Asking Prices

The highest median asking prices are in Lenexa at $252/SF, Olathe at $213/SF and Overland Park at $208/SF. The lowest median asking prices are in Galena at $48/SF, Pittsburg at $75/SF and Kansas City at $121/SF. 5 of 9 ranked markets have median asking prices above the statewide $139/SF.

Kansas vs. Neighboring States

The median asking price in Kansas is $139/SF, above the $123/SF median of its 4 neighboring states. By median asking price, the state ranks 2nd of 5 in the group; Colorado is highest at $254/SF and Missouri lowest at $112/SF. The median asking rent is $16.00/SF/Yr, compared with $18.00/SF/Yr in Colorado, $14.18/SF/Yr in Missouri and $15.00/SF/Yr in Oklahoma next door. The statewide median asking price is below the U.S. median of $178/SF.

StateMedian Asking Price, $/SFMedian Asking Rent, $/SF/YrFor-Sale ListingsFor-Lease Listings
Kansas $139 $16.00 1,946 982
Colorado $254 $18.00 5,794 4,857
Missouri $112 $14.18 5,960 2,725
Nebraska $131 $15.79 838 890
Oklahoma $115 $15.00 3,858 1,597
United States $178 $18.28 265,785 185,367

A dash means fewer than 10 listings with a usable price.

Commercial Real Estate Markets in Kansas

Realmo tracks 21 city markets in Kansas, listed below by active listings. Wichita leads with 754 active listings, followed by Overland Park and Kansas City.

CityActive ListingsMedian Asking Price, $/SFMedian Asking Rent, $/SF/Yr
Wichita 754 $151 $14.00
Overland Park 218 $208 $24.00
Kansas City 177 $121 —
Topeka 172 $124 —
Lenexa 104 $252 —
Olathe 76 $213 —
Hutchinson 72 — —
Shawnee 46 — —
Pittsburg 45 $75 —
Leavenworth 38 — —
Goddard 26 $162 —
Atchison 22 — —
Derby 21 — —
Galena 21 $48 —
Newton 18 — —
Iola 16 — —
Parsons 11 — —
Gardner 10 — —
Spring Hill 10 — —
Wellington 10 — —
Maize 9 — —

Same method as the statewide figures. A dash means fewer than 10 listings with a usable price.

Frequently Asked Questions

What is the median price per square foot for commercial property in Kansas?
The median asking price for commercial property statewide is $139/SF as of November 2026, based on 616 of the 1,946 active for-sale listings that state a price per square foot. These are asking prices from live listings, not closed-sale prices.
How much does it cost to lease commercial space in Kansas?
The median asking rent for commercial space statewide is $16.00/SF/Yr as of November 2026, based on 94 of the 982 active for-lease listings that state a rent per square foot. At that rate, 2,000 SF would cost about $2,670 a month in asking rent. Whether taxes, insurance and maintenance are included varies by listing, so compare lease terms on each one.
Which cities have the highest and lowest commercial property prices?
Lenexa has the highest median asking price in the state at $252/SF, and Galena has the lowest at $48/SF. Next come Olathe and Overland Park at the top and Pittsburg and Kansas City at the bottom. Rankings cover cities with at least 10 priced listings for each metric.
How do commercial property prices in Kansas compare with neighboring states?
The statewide median asking price of $139/SF is above the $123/SF median of 4 neighboring states. Among them, Colorado has the highest median asking price at $254/SF and Missouri the lowest at $112/SF. The median asking rent is $16.00/SF/Yr, compared with $18.00/SF/Yr in Colorado, $14.18/SF/Yr in Missouri and $15.00/SF/Yr in Oklahoma. The statewide median asking price is below the U.S. median of $178/SF.
Which markets in Kansas have the most active listings?
Wichita, Overland Park, Kansas City, Topeka and Lenexa have the most active commercial listings, with 754, 218, 177, 172 and 104 respectively. Realmo tracks 21 city markets here, each with its own market page.
Where does Realmo's market data come from?
Realmo compiles these figures from 1,946 active for-sale listings and 982 active for-lease listings in its public listing index. Statewide and neighboring-state figures refresh hourly and city figures daily; last updated 6 November 2026.
Methodology and Data Sources
Listing coverage
Asking figures come from 1,946 active for-sale and 982 active for-lease listings across Kansas in Realmo's public listing index. They are asking prices, not closed-transaction prices. Sale and lease counts are separate and may overlap. Land listings are not counted. The medians are based on the 616 for-sale and 94 for-lease listings that state a price or rent per square foot.
Asking prices and rents
Prices are medians of each listing's asking price per square foot, so a few very high or very low listings do not skew them. Data-entry errors are left out, and a median is published only with at least 10 listings with a usable price. A listing with a price range can contribute both endpoints.
Neighboring states
Neighboring-state comparisons use the same method and the same snapshot for every state, plus the United States as a reference.
City markets
The city list includes cities with more than 3 active listings whose market page has enough data to publish, ordered by active listings, up to 40. The price ranking covers cities with at least 10 priced listings for each metric and leaves out a city more than three times above or below the statewide median. City counts and prices use the same method as the statewide figures, so the table compares like with like; a city's own market page uses its own method, so its figures can differ.
Updates
Statewide and neighboring-state figures refresh hourly and city figures daily. Last updated 6 November 2026.