Every Monday, MBA Real Estate looks at the past week of home sales activity in Finney County, Kansas. From November 2 to November 8, 2026, inventory held steady for the first time in a month, buyers picked back up, and price reductions stayed in double digits. Mortgage rates also eased for a third straight week.
This Week's Numbers
- New listings: 7
- Under contract: 5
- Sold and closed: 3
- Median sales price: $256,000
- Active listings: 124
- Price reductions: 11
- Withdrawn: 3
- Expired: 1
What We're Seeing Locally
Active listings held at 124, ending a three-week decline. New listings rose to 7, tying the most since mid September, but that was balanced out by the 5 homes that went under contract and the 4 that were withdrawn or expired.
Buyers came back a bit. 5 homes went under contract, up from 3 the week before. That brings the total to 48 contracts over the past eight weeks.
Closings slowed to 3. The $256,000 median comes from just those three sales, so it says very little about where prices are headed. Recent weekly medians have ranged from $165,000 to $351,000.
Price reductions eased slightly to 11 after the previous week's high of 12, but this is the third straight week with 10 or more. Sellers are still adjusting to buyers who are shopping carefully, and with 3 withdrawals this week, some are choosing to step back from the market until spring.
The Number to Watch: Mortgage Rates
Rates keep moving in the right direction for buyers. Freddie Mac's average 30-year fixed rate fell to 7.18% on November 5, the third straight weekly decline, down from 7.24% the week before and a mid October peak of 7.40% (Freddie Mac). On a $250,000 loan, that is about $37 less per month in principal and interest than at the October peak. Rates are still above the 6.22% of a year ago, but the trend is a welcome change.
Nine-Week Trend
Here is how Finney County has moved since we started tracking weekly in September.
| Week | New | Under Contract | Sold | Median | Active | Price Cuts |
|---|---|---|---|---|---|---|
| Nov 2 to 8 | 7 | 5 | 3 | $256,000 | 124 | 11 |
| Oct 26 to Nov 1 | 6 | 3 | 4 | $223,000 | 124 | 12 |
| Oct 19 to 25 | 4 | 6 | 7 | $213,000 | 125 | 10 |
| Oct 12 to 18 | 3 | 4 | 4 | $291,000 | 127 | 7 |
| Oct 5 to 11 | 7 | 8 | 5 | $322,000 | 132 | 9 |
| Sep 28 to Oct 4 | 4 | 8 | 2 | $165,000 | 131 | 7 |
| Sep 21 to 27 | 5 | 6 | 7 | $227,000 | 139 | 9 |
| Sep 14 to 20 | 12 | 8 | 5 | $259,000 | 142 | 9 |
| Sep 7 to 13 | 5 | 1 | 3 | $351,000 | 139 | 8 |
Inventory has come down from its mid September peak and is now leveling off in the mid 120s, while price reductions have run at 10 or more for three straight weeks.
Kansas and National Perspective
Nationally, pending home sales fell 7.3% in September and were down 11.3% from a year ago. In the Midwest, pending sales were down 6.5% for the month and 8.7% from a year ago (National Association of REALTORS). In Kansas, new contracts written in September were down 14.3% from a year ago (Kansas REALTORS), so the slower pace of buyer activity is not unique to Finney County. We will share Kansas REALTORS October numbers once they are released.
What It Means for Buyers and Sellers
Finney County inventory has leveled off, buyers are still writing contracts, and rates are moving in the right direction. For buyers, motivated sellers and easing rates can work in your favor this fall. Get pre-approved, compare lenders, and remember that MBA can show you any home on the market: schedule a showing anytime.
For sellers, the right price from day one is what gets homes under contract, especially heading into the holiday season.
Talk With a Local Agent
Want to know what this market means for your home or your search? Read last week's report, explore more Southwest Kansas market reports, browse Garden City homes for sale, or contact MBA Real Estate. You can also call our office at 620-275-7440.
Buy. Sell. Local.