Downtown Wichita, Wichita, KS—67202
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Downtown Wichita, Wichita, KS
As of Oct '25, the median home price in Downtown Wichita, Wichita, KS is $283,000, with a year-over-year change of 2.1%. This indicates that home prices in Downtown Wichita, Wichita, KS are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | 2.1% |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Downtown Wichita, Wichita, KS
As of July '25, Rentcast reports the average rent in Downtown Wichita, Wichita, KS is $1,060, with a year-over-year rent change of -14.5%. Per bedroom, the median rent as of July '25 in Downtown Wichita, Wichita, KS is 1-bedrooms: $1,000, 2-bedrooms: $1,200, 3-bedrooms: $1,350. The most common rental property sizes in Downtown Wichita, Wichita, KS are 1-bedroom and studio, accounting for 44.7% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $820 | $1,000 |
| 2 Bed Rent | $1,000 | $1,200 |
| 3 Bed Rent | $1,350 | $1,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Downtown Wichita, Wichita, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Downtown Wichita, Wichita, KS is 20. This is a increase of 385.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $532,000 | 157.0% |
Listing Count | 6 | 120.0% |
| Listings as % of Homes | N/A | 120.0% |
Days on Market | 20 | 385.0% |
Demographics — Downtown Wichita, Wichita, KS
As of the latest ACS Survey released in 2023, Downtown Wichita, Wichita, KS has a population of 2,100, which has increased by 25.8% over the past 5 years. Downtown Wichita, Wichita, KS is a less popular place for families, as children make up 2.7% of the population. The area has a highly educated workforce, with 52.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,100 | 25.8% |
% Under 18 | 2.7% | 145.5% |
% Seniors | 10.5% | 110.0% |
% WFH | 10.1% | 531.2% |
% w/ College Degree | 52.9% | 25.4% |
As of the latest ACS Survey released in 2023, Downtown Wichita, Wichita, KS is a predominantly white area, with 68.8% of the population identifying as white. The white population has shrunk by 17.3% in the last 5 years. The second most common race or ethnicity in Downtown Wichita, Wichita, KS is hispanic, making up 10.2% of the population. Foreign-born residents account for 1.9% of the population in Downtown Wichita, Wichita, KS, and this percentage has decreased by 60.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.8% | -17.3% |
% Black | 10.0% | 12.4% |
% Hispanic | 10.2% | 82.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.9% | -60.4% |
Mortgage and Risk — Downtown Wichita, Wichita, KS
According to HUD data as of 2023, there were 10 mortgage originations in Downtown Wichita, Wichita, KS, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Downtown Wichita, Wichita, KS. Investor activity is low, as 10.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 10 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 10.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Downtown Wichita, Wichita, KS
Downtown Wichita, Wichita, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $820 | $820 |
| 2 Bedroom | $70 | $1,000 | $1,070 |
| 3 Bedroom | $50 | $1,350 | $1,400 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Downtown Wichita, Wichita, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $283,000 |
| Median Household Income | $67,900 |