Home values ​​in the Wichita area will end the year up 12.9% and then rise 4.7% next year, according to the Wichita 2023 Housing Forecast recently released by the Wichita State University Center for Real Estate.

“Home price appreciation is slowing, but the supply of homes available for sale remains near historic lows,” said Stan Longhofer, director of the WSU Center for Real Estate. “Although the bidding wars are not as intense as they were earlier this year, it will continue to be a seller’s market in most market segments.”