Housing in Cheney, KS

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$125,000

Median List Price

$190,000

Price Per Sq Ft

$116

Days on Market

283

Active Inventory

6

Months of Supply

1.2

Seller's market

Zillow Home Value

$262,226

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 41.9%List Price 5.6%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

3

Pending Sales

2

Homes Sold 66.7%New Listings 40.0%Pending 66.7%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$116

Median List $/SF

$93

Sale $/SF 22.7%List $/SF 9.7%Mar 24Dec 25

Cheney vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Cheney is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$148,000

Median Rent

$960

Total Housing Units

819

Vacancy Rate

4.3%

Owner Occupied

77.4%

Renter Occupied

22.6%

Median Property Tax

$2,230

per year

Monthly Cost (w/ Mortgage)

$1,086

Housing Types

Single Family
89.0%
Multi-Family
5.6%
Mobile Home
5.4%

The current median sale price in Cheney, KS is $125,000 according to Redfin data. Homes spend a median of 283 days on the market. 40.0% of homes sold above asking price. The market has 1.2 months of supply. The median price per square foot is $116. The median rent is $960 per month (Census ACS). About 77.4% of housing units are owner-occupied. The median year homes were built is 1977. There are 819 total housing units.