THE INDEXKC- WYANDOTTE COUNTY KS MARKET UPDATE
Of the 5 major counties in the Kansas City Metro, Wyandotte County delivers some of the most affordable Average Sold Values.
Wyandotte is the first county in the metro to deliver more Price Reductions in a week than Homes Listed. That said, Days on Market are strill on pace with the rest of the metro.
Sellers in Wyandotte County, your affordability is driving demand. Buyers are migrating to the area, especially those driven by expanding employment needs in the northwest part of the county.
Fun facts acccording to kspatriot.org,
Wyandotte county, the smallest in the State, lies mostly between Kansas and Missouri Rivers, as they approach each other to make a juncture at the city of Wyandotte. With the exception of Shawnee Township which lies south of the Kaw River the county is in the general shape of a triangle. bounded west and north by Leavenworth County northeast to the south by the Missouri. and southeast by the Kansas River Johnson County lies to the south of Shawnee Township. Wyandotte County contains an area of but 153 square miles.
Check out the number of price reductions and the watch the days on market continue to extend as the market shifts….The shift is driven by several factors; rising mortgage interest rates, falling numbers of new build permits, buyer pool exhaustion/contraction….and the wild card, inflation.
If you’ve got questions regarding the impact of the shift on your search or the value of your home, we’ve got answers!