Riverside, Wichita, KS—67203
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riverside, Wichita, KS
As of Oct '25, the median home price in Riverside, Wichita, KS is $157,000, with a year-over-year change of -1.7%. This indicates that home prices in Riverside, Wichita, KS are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $157,000 | -1.7% |
| Single Family | $158,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $90,000 | -2.2% |
2 Bed | $133,000 | -1.5% |
3 Bed | $180,000 | -1.6% |
4 Bed | $209,000 | -0.9% |
| 5 Bed | $241,000 | -0.8% |
% of Housing Stock
Rental Trends — Riverside, Wichita, KS
As of July '25, Rentcast reports the average rent in Riverside, Wichita, KS is $1,010, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Riverside, Wichita, KS is studios: $659, 1-bedrooms: $765, 2-bedrooms: $988, 3-bedrooms: $1,300, 4-bedrooms: $2,320. The most common rental property sizes in Riverside, Wichita, KS are 2-bedroom and 1-bedroom, accounting for 41.7% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $1,010 |
| Studio Rent | $525 | $659 |
| 1 Bed Rent | $710 | $765 |
| 2 Bed Rent | $925 | $988 |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | $2,500 | $2,320 |
% of Rental Stock
Property Listings — Riverside, Wichita, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Riverside, Wichita, KS is 36. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $181,000 | 1.0% |
Listing Count | 75 | 6.0% |
| Listings as % of Homes | 0.3% | 6.0% |
Days on Market | 36 | -17.0% |
Demographics — Riverside, Wichita, KS
As of the latest ACS Survey released in 2023, Riverside, Wichita, KS has a population of 30,900, which has increased by 4.5% over the past 5 years. Riverside, Wichita, KS is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,900 | 4.5% |
% Under 18 | 19.2% | -8.6% |
% Seniors | 15.8% | 12.1% |
% WFH | 5.9% | 103.4% |
% w/ College Degree | 24.6% | 4.2% |
As of the latest ACS Survey released in 2023, Riverside, Wichita, KS is a predominantly white area, with 56.4% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Riverside, Wichita, KS is hispanic, making up 26.9% of the population. Foreign-born residents account for 11.1% of the population in Riverside, Wichita, KS, and this percentage has increased by 11.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.4% | -10.3% |
% Black | 9.3% | 63.2% |
% Hispanic | 26.9% | 7.2% |
% Asian | 3.0% | 25.0% |
% Foreign Born | 11.1% | 11.0% |
Mortgage and Risk — Riverside, Wichita, KS
According to HUD data as of 2023, there were 386 mortgage originations in Riverside, Wichita, KS, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Riverside, Wichita, KS. Investor activity is low, as 12.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 386 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 12.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Riverside, Wichita, KS
As of 2024, the percent of homes in Riverside, Wichita, KS under the Section 8 program is 6.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Riverside, Wichita, KS, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 535 |
Total Units Section 8 | 443 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 72.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $710 | $740 |
| 2 Bedroom | $45 | $925 | $970 |
| 3 Bedroom | -$30 | $1,300 | $1,270 |
| 4 Bedroom | -$950 | $2,500 | $1,550 |
Affordability — Riverside, Wichita, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $157,000 |
| Median Household Income | $50,400 |