The housing market in Wichita, KS (67220) is vibrant and healthy. The median value of a home in Wichita is $213,700, which is significantly lower than the US median value of $338,100. Furthermore, housing in Wichita has appreciated by 9.87% in the past year, which outpaces the national average appreciation rate of 8.27%. This indicates that the housing market in Wichita has been performing well and is likely to continue to appreciate over time.
The median home cost in Wichita (zip 67220) is $213,700. Home appreciation the last 10 years has been 74.2%. Home Appreciation in Wichita (zip 67220) is up 15.3%.
Average Age of Homes
- The median age of Wichita (zip 67220) real estate is 31 years old
The Rental Market in Wichita (zip 67220)
- Renters make up 34.8% of the Wichita (zip 67220) population
- 3.5% of houses and apartments in Wichita (zip 67220), 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.