Commercial Real Estate Market in Wichita, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
755 active listings and 15,659 off-market properties in Wichita, KS. Commercial property asks $151/SF to buy and $14.00/SF/Yr to lease.
Market Trends
Wichita, KS spans 262.3 square miles in Sedgwick County, Kansas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Wichita, KS has a median asking sale price of $80/SF (based on 7 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Wichita, KS has a median asking sale price of $120/SF (based on 5 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Wichita, KS has a median asking sale price of $81/SF (based on 5 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Wichita, KS has a median asking sale price of $148/SF. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
Tools
Nearby Markets
Commercial property in Wichita, KS asks $151/SF. The 2 bordering markets run from $125/SF in Derby to $158/SF in Maize, and the city sits above their $141/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Wichita?
How much does it cost to lease commercial space in Wichita?
How does Wichita compare to nearby markets on price?
What zoning applies to commercial property in Wichita?
Where does Realmo's Wichita market data come from?
Methodology & data sources
- Asking prices and medians
- There are 418 active for-sale and 337 active for-lease listings in Wichita, KS. The medians are based on 213 of the for-sale and 40 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
