Commercial Real Estate Market in Wichita, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1,021 active listings and 15,668 off-market properties in Wichita, KS. Commercial property asks $69/SF to buy and $13.72/SF/Yr to lease.
Market Trends
Wichita, KS spans 262.3 square miles in Sedgwick County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wichita, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Wichita, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wichita, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Wichita, KS asks $142/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 69.7%
- Industrial 16.3%
- Commercial 11%
- Planned_development 2.3%
- Mixed use 0.6%
- Civic 0.1%
Largest Zones share of zoned land by district
Single Family Residential
Limited Industrial
Two Family Residential
Limited Commercial
General Commercial
Wichita, KS zones 84,385 acres across 23 districts. Commercial zoning covers 11% of zoned land, residential 69.7% and industrial 16.3%. The largest single district is Single Family Residential at 55.8%. For commercial buyers the practical constraint is that only 27.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Wichita, KS has 426,121 residents in 186,774 households. Density runs 1,625 people per square mile. Median household income here is $69,399 and median gross rent $1,037 a month.
426,121
Population
186,774
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
262.3 sq mi
ZIP Area
1,625
Density / Sq Mi
$69,399
Median Household Income
$41,031
Median Earnings
$1,037
Median Rent
$181,574
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Eastborough | — | — |
| Bel Aire | — | — |
| Park City | — | — |
| Kechi | — | — |
Commercial property in Wichita, KS asks $69/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wichita?
Commercial property in Wichita, KS asks an average of $69 per square foot. Multifamily carries the highest asking price at $142/SF.
How much does it cost to lease commercial space in Wichita?
Asking lease rates in Wichita, KS average $13.72 per square foot per year.
What zoning applies to commercial property in Wichita?
Wichita, KS zones 84,385 acres across 23 districts, of which 11% is commercial and 16.3% industrial. The largest single district is Single Family Residential at 55.8% of zoned land. Residential zoning covers 69.7% and open space 0%.
Where does Realmo's Wichita market data come from?
Realmo compiles Wichita, KS figures from 645 active sale listings, 376 active lease listings, 15,668 tracked off-market properties, the current Wichita zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 645 active for-sale and 376 active for-lease listings in Wichita, KS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 84,385 zoned acres across 23 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
