The housing market in 67217 Wichita, KS is quite prosperous. The median value of houses in the area is $136,500, which is significantly lower than the US median house value of $338,100. However, while the US has experienced an 8.27% appreciation rate for the past year, 67217 Wichita's houses have seen a 9.87% appreciation rate over the same period; this indicates that house prices are rising at a faster rate in this area than the national average. This suggests that investing in housing in 67217 Wichita could be a wise decision for those looking to benefit from a growing market and gain long-term financial stability.
The median home cost in Wichita (zip 67217) is $136,500. Home appreciation the last 10 years has been 74.2%. Home Appreciation in Wichita (zip 67217) is up 15.3%.
Average Age of Homes
- The median age of Wichita (zip 67217) real estate is 48 years old
The Rental Market in Wichita (zip 67217)
- Renters make up 28.4% of the Wichita (zip 67217) population
- 3.8% of houses and apartments in Wichita (zip 67217), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.