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Featured local agent — Chetopa, KS
Sarah Mitchell
Compass Real Estate · Chetopa, KS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chetopa, KS Housing Market
The typical home in Chetopa, KS is worth $70,093, rose 5.6% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $40,000, -20.0% year over year (through May 2026). With 2.0 months of supply and homes going under contract in about 101 days, Chetopa is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $70,093 home is about $374/mo in principal and interest.
Key numbers for Chetopa, KS
Typical home value
$70,093
+5.6% in 12 months
Zillow, August 2026
Median sale price
$40,000
-20.0% year over year
Redfin, through February 2026
Days on market
101
Slow-moving
Redfin, through February 2026
Active listings
2
2.0 months of supply
Redfin, through February 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$22,614
Home costs 3.1x income
U.S. Census ACS, 2023
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 Chetopa a buyer's or seller's market?
Chetopa, KS is a balanced market, based on 2.0 months of supply and homes selling in about 101 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Chetopa housing market data show?
Every row below is Redfin's final published month for Chetopa, KS. Redfin, through February 2026
| Metric | Value |
|---|---|
| Median sale price | $40,000 |
| Year-over-year price change | -20.0% |
| Median price per sq ft | $10/sq ft |
| Median days on market | 101 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Homes sold (that month) | 1 |
| Listings with a price cut | 50.0% |
| 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 Chetopa is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Chetopa 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 Chetopa home prices moved?
Across the 33 months we hold for Chetopa, KS, the median sale price fell 50.0%, from $80,000 in September 2021 to $40,000. The live Zillow value series has rose 5.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 50.0% of Chetopa listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay.
Redfin, through February 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Chetopa?
Priced off the typical home value of $70,093 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% | $14,019 | $56,075 | $374/mo |
| 5% | $3,505 | $66,589 | $444/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 $374, that implies roughly $16,037 a year before you add taxes and insurance. The median household in Chetopa earns $22,614, about $6,577 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 3.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Chetopa in the next 12 months?
Tell us your timeline. We send the Chetopa 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 Chetopa?
Zillow does not publish a rent index (ZORI) for Chetopa, 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 Chetopa?
Active listings in Chetopa, KS went from 5 in June 2024 to 2 in February 2026, a -60.0% 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 |
|---|---|---|
| July 2024 | 5 | not published |
| October 2024 | 9 | 3 |
| November 2024 | 9 | 1 |
| January 2025 | 8 | 1 |
| February 2025 | 7 | 1 |
| March 2025 | 4 | not published |
| April 2025 | 2 | not published |
| May 2025 | 1 | not published |
| July 2025 | 1 | 1 |
| November 2025 | 2 | not published |
| December 2025 | 2 | not published |
| February 2026 | 2 | not published |
Redfin, through February 2026
How does Chetopa compare to Kansas and the U.S.?
Chetopa homes sell for $40,000 — 87% below the Kansas median of $316,300. Against the national median of $410,700, Chetopa runs 90% lower. Year-over-year, Chetopa moved -20.0% against Kansas's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Chetopa, KS | $40,000 | -20.0% | 101 days |
| Kansas statewide | $316,300 | +2.6% | 19 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through February 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Chetopa
What buyers should watch
- Months of supply, currently 2.0. 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 50.0%. 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 $70 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 $70,093 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 Chetopa listing goes under contract in 101 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Your equity moved +5.6% 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 Chetopa varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Chetopa
There are currently 2 homes listed for sale in Chetopa, Kansas.
Active listings
2
Homes on market
Avg. days on market
101
Days until sale
How much do homes cost in Chetopa by property type?
How the Chetopa, KS market breaks down across single-family homes, condos and townhouses. Redfin, through February 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $40,000 | $10/sq ft | 1 | 101 days |
| Townhouse | $27,500 | not published | 2 | 254 days |
Who lives in Chetopa?
American Community Survey estimates for Chetopa. U.S. Census ACS, 2023
Population
995
Households
408
Median income
$22,614/yr
Median age
51.2 years
Owner-occupied
62.3%
Median home value
$63,300
Median gross rent
$530/mo
Mean commute
17.3 min
62.3% of occupied homes in Chetopa 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 $63,300 against Zillow's $70,093 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Chetopa?
2 schools tracked · 146 students
The largest public schools serving Chetopa, 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.
Chetopa High
Grades 6-12 · 81 students
Chetopa Elem
Grades PK-5 · 65 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 Chetopa, KS?
Ordered by distance from Chetopa, not by size. Compare Chetopa side by side with any of them.
Chetopa housing market FAQ
Is Chetopa a buyer's or seller's market?
Chetopa, KS is currently a balanced market. That read comes from 2.0 months of supply, homes going under contract in about 101 days in the last month Redfin published (May 2026).
How much do homes cost in Chetopa?
The typical home in Chetopa, KS is worth $70,093 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $40,000, about $10 per square foot.
Is Chetopa cheaper than the rest of Kansas?
Chetopa's median sale price of $40,000 is 87% lower than the Kansas statewide median of $316,300, and 90% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Chetopa?
Homes in Chetopa, KS spent a median of 101 days on market before going under contract, versus 19 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Chetopa?
At the current 30-year fixed rate of 7.03%, 20% down on a $70,093 home is about $374 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $16,037 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $22,614.
Are home prices rising in Chetopa?
The typical home value in Chetopa, KS rose 5.6% over the last 12 months, from $66,348 to $70,093 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Chetopa?
Chetopa 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 Chetopa?
That depends on your timeline, not on a headline. What the data says today: Chetopa, KS is a balanced market with 2.0 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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