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MARKET UPDATE · MLS DATA

The Cheney, KS housing market

South Central Kansas MLS figures, Nov 2025 to Oct 2026, plus what is for sale today. No adjectives, just the numbers and what they usually mean.

Homes for sale105 under contract
Median list price$494,500$184 per sqft
Days listing to closing (median, 90 days)38
Months of supply3.8
New in 30 days7

What the numbers say

From Aug 2026 to Oct 2026, 8 homes sold in Cheney. The number of sales was down 68% over the same stretch. Today there are 10 active homes, which at the recent sales pace is 3.8 months of supply. By the usual rule of thumb, 3 to 6 months reads as a balanced market. A home that closed in the last 90 days took 38 days (median) from listing agreement to closing. Nobody knows next month. What we do know is what just happened, and that is what is above.

Median sold price by month
$261,500
Homes sold by month
9 1

Oct 2026: 1

New listings by month
10 6

Oct 2026: 6

MonthSoldMedian sold priceDays listing to closingNew listings
October 2026 1 fewer than 5 sales fewer than 5 sales 6
September 2026 5 fewer than 5 sales 40 2
August 2026 2 fewer than 5 sales fewer than 5 sales 4
July 2026 8 $261,500 48 6
June 2026 9 $245,750 42 5
May 2026 8 $245,000 52 6
April 2026 5 $172,500 57 10
March 2026 3 fewer than 5 sales fewer than 5 sales 5
February 2026 4 fewer than 5 sales fewer than 5 sales 5
January 2026 1 fewer than 5 sales fewer than 5 sales 2
December 2025 6 $147,500 49 4
November 2025 5 $235,000 99 6

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What does this mean for your house?

Text VALUE to 316-364-7500 and I'll tell you what it's really worth, straight. No pressure. The market sets the price; my job is to make sure you see it clearly.

Where these figures come from

  1. Everything here comes from the South Central Kansas MLS through MLS Grid, the same replica that powers this site's search. Residential properties only.
  2. Sold price is the search price the MLS records on a closed listing. It is the best sold figure the feed carries, not a certified closing statement, which is why we say median and not to-the-dollar.
  3. Days listing to closing is the close date minus the listing contract date: the whole journey, not just days to an accepted offer.
  4. Months of supply is homes active today divided by the average monthly sales over the last three months. The common rule of thumb: under 3 favors sellers, 3 to 6 is balanced, over 6 favors buyers. A rule of thumb, not a promise.
  5. A month with fewer than 5 sales shows its count but no median. Small samples make misleading medians.

Market questions, answered straight

Is it a buyer's or seller's market in Cheney?

With 10 active homes and the last three months' sales pace, there are 3.8 months of supply in Cheney. By the usual rule of thumb, 3 to 6 months reads as a balanced market. That is a market-wide rule of thumb; a specific home can behave differently based on price, condition and location.

How long does it take to sell a house in Cheney?

Homes that closed in Cheney in the last 90 days took 38 days (median) from listing agreement to closing. That includes time on market and the closing process. An auction sets the sale date up front; a traditional listing depends on price and demand.

How many homes are for sale in Cheney today?

10 active residential homes in Cheney as of November 11, 2026, plus 5 under contract. 7 came on the market in the last 30 days. This site's search refreshes from the MLS every 15 minutes.