North Riverside, Wichita, KS—67204
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Riverside, Wichita, KS
As of Oct '25, the median home price in North Riverside, Wichita, KS is $188,000, with a year-over-year change of 0.5%. This indicates that home prices in North Riverside, Wichita, KS are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $188,000 | 0.5% |
| Single Family | $188,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $78,000 | -1.3% |
2 Bed | $131,000 | 0.8% |
3 Bed | $199,000 | 0.0% |
4 Bed | $295,000 | -1.3% |
| 5 Bed | $429,000 | -2.5% |
% of Housing Stock
Rental Trends — North Riverside, Wichita, KS
As of July '25, Rentcast reports the average rent in North Riverside, Wichita, KS is $1,360, with a year-over-year rent change of 28.3%. Per bedroom, the median rent as of July '25 in North Riverside, Wichita, KS is studios: $495, 1-bedrooms: $661, 2-bedrooms: $814, 3-bedrooms: $1,470, 4-bedrooms: $1,760. The most common rental property sizes in North Riverside, Wichita, KS are 3-bedroom and 2-bedroom, accounting for 42.8% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,320 | $1,360 |
| Studio Rent | $495 | $495 |
| 1 Bed Rent | $650 | $661 |
| 2 Bed Rent | $800 | $814 |
| 3 Bed Rent | $1,420 | $1,470 |
| 4 Bed Rent | $1,650 | $1,760 |
% of Rental Stock
Property Listings — North Riverside, Wichita, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in North Riverside, Wichita, KS is 62. This is a increase of 12.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $386,000 | 12.0% |
Listing Count | 73 | 2.0% |
| Listings as % of Homes | 0.5% | 2.0% |
Days on Market | 62 | 12.0% |
Demographics — North Riverside, Wichita, KS
As of the latest ACS Survey released in 2023, North Riverside, Wichita, KS has a population of 22,900, which has increased by 5.2% over the past 5 years. North Riverside, Wichita, KS is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,900 | 5.2% |
% Under 18 | 22.8% | -18.9% |
% Seniors | 16.9% | 0.6% |
% WFH | 4.7% | 74.1% |
% w/ College Degree | 23.6% | 7.8% |
As of the latest ACS Survey released in 2023, North Riverside, Wichita, KS is a predominantly white area, with 49.0% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in North Riverside, Wichita, KS is hispanic, making up 42.4% of the population. Foreign-born residents account for 17.2% of the population in North Riverside, Wichita, KS, and this percentage has increased by 18.6% 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 | 49.0% | -4.7% |
% Black | 3.1% | -50.0% |
% Hispanic | 42.4% | 9.8% |
% Asian | 1.4% | -26.3% |
% Foreign Born | 17.2% | 18.6% |
Mortgage and Risk — North Riverside, Wichita, KS
According to HUD data as of 2023, there were 304 mortgage originations in North Riverside, Wichita, KS, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in North Riverside, Wichita, KS. Investor activity is low, as 7.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 304 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — North Riverside, Wichita, KS
As of 2024, the percent of homes in North Riverside, Wichita, KS under the Section 8 program is 8.2%. 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 North 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 | 187 |
Total Units Section 8 | 187 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 90.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $650 | $710 |
| 2 Bedroom | $130 | $800 | $930 |
| 3 Bedroom | -$200 | $1,420 | $1,220 |
| 4 Bedroom | -$160 | $1,650 | $1,490 |
Affordability — North Riverside, Wichita, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $188,000 |
| Median Household Income | $68,500 |