Kalshi market

Which party will win the U.S. House? Kalshi odds

On Kalshi, the favourite is Democratic Party, at 91%. The market settles by Feb 1, 2027, and $868K traded in the last 24 hours. Each contract pays $1 if it is right, so 91¢ reads as a 91% chance. Polymarket lists it too, and we compare the two prices below.

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Also on Polymarket: Polymarket's page

Kalshi · odds · updated

Democratic Party91%
Republican Party9%

Also priced on Polymarket: 2 questions compared ↓

$868K
24h volume on Kalshi
$43.9M
total volume on Kalshi
$29.4M
open interest
Feb 1, 2027
settles

Kalshi odds on every outcome

Kalshi odds on each outcome of Which party will win the U.S. House?
OutcomeChanceYes price24h volume
Democratic Party compare 91%91¢$230KTrade
Republican Party compare 9%9¢$638KTrade

Chance is each outcome's Yes price on Kalshi. A Yes contract at 91¢ pays $1 if that outcome wins.

Kalshi vs Polymarket on these questions

The same questions on both venues. When the prices differ, the cheaper side costs you less for the same payout.

Will the Democratic Party control the House after the 2026 Midterm elections?

Yes: Will the Democratic Party control the House after the 2026 Midterm elections?: price on each venue, the fee, 24h volume and liquidity, with a link to trade
VenueYesNoFee24h volumeLiquidity
Polymarket93¢7¢0.3¢$235K$1.4MTrade →
Kalshi91¢cheapest to buy9¢0.5¢$230K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket's is its international book, Polymarket US charges its own.

Will the Republican Party control the House after the 2026 Midterm elections?

Yes: Will the Republican Party control the House after the 2026 Midterm elections?: price on each venue, the fee, 24h volume and liquidity, with a link to trade
VenueYesNoFee24h volumeLiquidity
Polymarket8¢cheapest to buy92¢0.3¢$172K$996KTrade →
Kalshi9¢91¢0.5¢$638K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket's is its international book, Polymarket US charges its own.

How the odds have moved

Kalshi · Democratic Party
91%▼ 0.2 pts since Sep 28
Yes price
Sep 2882% – 100% scaleOct 5

Kalshi's own series for the outcome the headline prices, from where its history starts; one venue, not a blend.

How this market resolves

The market asks: “Will Democrats win the House in 2026?” A Yes contract pays $1 if the answer is yes, and nothing if not. Kalshi publishes the full settlement rules on the market's page. Read them on Kalshi (opens in a new tab)

Scheduled resolution: Feb 1, 2027.

How to trade this market on Kalshi

  1. Check your state first. A few states restrict some contracts.
  2. Open a Kalshi account. Our Kalshi review covers sign-up and payouts.
  3. Buy Yes or No at the price shown, 91¢ for Democratic Party right now. Each contract pays $1 if you are right.
  4. Sell any time before it settles, or hold to the result. Kalshi's fees apply to each trade.

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Common questions

What are the Kalshi odds on “Which party will win the U.S. House?”?

On Kalshi, the favourite is Democratic Party, at 91%. That is a market-implied probability, not a forecast, and it moves as traders buy and sell.

How does this market resolve?

By Kalshi's own settlement rules for this market. Two venues can word the same question differently and settle differently, so read them before you trade.

Is this question on Polymarket too?

Yes. Polymarket's page has its prices and rules. The 2 questions both venues price are compared above, each with its own side-by-side page.

Can I trade this market in my state?

In most states, yes, on Kalshi. A few states have acted against some contracts. Check your state first.

How accurate are Kalshi odds?

Often more accurate than polls, though never certain. A price of 70% should lose three times in ten. How accurate prediction markets are has the research.

What does it cost to trade on Kalshi?

A trading fee on each contract, largest near 50¢ and smaller towards either end. Kalshi's fees has the formula.