$20,000
E 650th Ave
Arma, KS
Land1.60 acres
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Compass Real Estate · Arma, KS
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Arma, KS(512) 555-0184TX License #0512847
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Arma, KS Housing Market
Balanced market-5.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through April 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Arma, KS is worth $122,053, fell 5.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $135,000, -34.8% year over year (through May 2026). With 5.0 months of supply and homes going under contract in about 2 days, Arma is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $122,053 home is about $652/mo in principal and interest.
Key numbers for Arma, KS
Typical home value
$122,053
-5.1% in 12 months
Zillow, August 2026
Median sale price
$135,000
-34.8% year over year
Redfin, through April 2026
Days on market
2
Fast-moving
Redfin, through April 2026
Active listings
5
5.0 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$43,073
Home costs 2.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through April 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Arma a buyer's or seller's market?
Balanced market5.0 months of supply2 days on market100.0% of asking
Arma, KS is a balanced market, based on 5.0 months of supply and homes selling in about 2 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Arma housing market data show?
Every row below is Redfin's final published month for Arma, KS. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $135,000 |
| Median list price | $120,000 |
| Year-over-year price change | -34.8% |
| Median price per sq ft | $110/sq ft |
| Median days on market | 2 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Listings with a price cut | 20.0% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Arma is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Arma is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Arma home prices moved?
Across the 33 months we hold for Arma, KS, the median sale price fell 1.8%, from $137,500 in June 2022 to $135,000. The live Zillow value series has fell 5.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 20.0% of Arma listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 5.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Arma?
Priced off the typical home value of $122,053 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $24,411 | $97,642 | $652/mo |
| 5% | $6,103 | $115,950 | $774/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $652, that implies roughly $27,925 a year before you add taxes and insurance. The median household in Arma earns $43,073, about $15,148 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.8x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Arma in the next 12 months?
Tell us your timeline. We send the Arma market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Arma?
Zillow does not publish a rent index (ZORI) for Arma, KS, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Arma?
Active listings in Arma, KS went from 8 in November 2024 to 5 in April 2026, a -37.5% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| February 2025 | 12 | 1 |
| April 2025 | 6 | 1 |
| May 2025 | 6 | 2 |
| June 2025 | 8 | 2 |
| July 2025 | 9 | 5 |
| August 2025 | 5 | 2 |
| September 2025 | 7 | 3 |
| October 2025 | 7 | 4 |
| November 2025 | 8 | 3 |
| December 2025 | 8 | 1 |
| January 2026 | 5 | not published |
| April 2026 | 5 | 1 |
Redfin, through April 2026
How does Arma compare to Kansas and the U.S.?
Arma homes sell for $135,000 — 57% below the Kansas median of $316,300. Against the national median of $410,700, Arma runs 67% lower. Year-over-year, Arma moved -34.8% against Kansas's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Arma, KS | $135,000 | -34.8% | 2 days |
| Kansas statewide | $316,300 | +2.6% | 19 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Arma
What buyers should watch
- Months of supply, currently 5.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 20.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $122 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $122,053 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Arma listing goes under contract in 2 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Arma added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Your equity moved -5.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Arma varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Arma
There are currently 5 homes listed for sale in Arma, Kansas. The median listing price is $120K. Featured listings range from $20,000 to $175,000.
$25,000
E 650th Ave
Arma, KS
Land1.80 acres
View photos & details
$59,000
202 W Perry St
Arma, KS
3 bd2 ba1,002 sqft$59/ft²
House14,947 sqft lot
View photos & details
$110,000
114 S High St
Arma, KS
2 bd1 ba1,131 sqft$97/ft²
House8,501 sqft lot
View photos & details
$115,000
207 E Melvin St
Arma, KS
3 bd1 ba1,452 sqft$79/ft²
House8,501 sqft lot
View photos & details
$125,000
804 E Perry St
Arma, KS
2 bd2 ba1,308 sqft$96/ft²
House1.00 acres
View photos & details
$148,900
208 E Washington St
Arma, KS
2 bd1 ba1,120 sqft$133/ft²
House8,752 sqft lot
View photos & details
$175,000
1210 E South St
Arma, KS
2 bd1 ba1,066 sqft$164/ft²
House2.00 acres
View photos & details
Looking to buy in Arma?
Get connected with a local real estate expert — free, no obligation.
Active listings
5
Homes on market
Median list price
$120K
Avg. days on market
2
Days until sale
New this week
1
Newly listed
Price drops:20.0%of listings
Sale-to-list:100.0%
How much do homes cost in Arma by property type?
How the Arma, KS market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $135,000 | $110/sq ft | 1 | 2 days |
Who lives in Arma?
American Community Survey estimates for Arma. U.S. Census ACS, 2023
Population
1,131
Households
569
Median income
$43,073/yr
Median age
55.6 years
Owner-occupied
67.1%
Median home value
$83,100
Median gross rent
$753/mo
Mean commute
19.6 min
67.1% of occupied homes in Arma are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $83,100 against Zillow's $122,053 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Arma?
3 schools tracked · 462 students
The largest public schools serving Arma, KS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Northeast Elem
Grades PK-8 · 335 students
North East High
Grades 9-12 · 124 students
Northeast Virtual School
Grades 9-12 · 3 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Arma, KS?
Ordered by distance from Arma, not by size. Compare Arma side by side with any of them.
Arma housing market FAQ
Is Arma a buyer's or seller's market?
Arma, KS is currently a balanced market. That read comes from 5.0 months of supply, homes going under contract in about 2 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Arma?
The typical home in Arma, KS is worth $122,053 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $135,000, about $110 per square foot.
Is Arma cheaper than the rest of Kansas?
Arma's median sale price of $135,000 is 57% lower than the Kansas statewide median of $316,300, and 67% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Arma?
Homes in Arma, KS spent a median of 2 days on market before going under contract, versus 19 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Arma?
At the current 30-year fixed rate of 7.03%, 20% down on a $122,053 home is about $652 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $27,925 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $43,073.
Are home prices rising in Arma?
The typical home value in Arma, KS fell 5.1% over the last 12 months, from $128,630 to $122,053 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Arma?
Arma ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Arma?
That depends on your timeline, not on a headline. What the data says today: Arma, KS is a balanced market with 5.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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