Northwest Wichita, Wichita, KS—67205
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northwest Wichita, Wichita, KS
As of Oct '25, the median home price in Northwest Wichita, Wichita, KS is $356,000, with a year-over-year change of -1.3%. This indicates that home prices in Northwest Wichita, Wichita, KS are decreasing. 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 | $356,000 | -1.3% |
| Single Family | $357,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $297,000 | 0.3% |
3 Bed | $313,000 | 0.0% |
4 Bed | $354,000 | -1.4% |
| 5 Bed | $454,000 | -1.5% |
% of Housing Stock
Rental Trends — Northwest Wichita, Wichita, KS
As of July '25, Rentcast reports the average rent in Northwest Wichita, Wichita, KS is $1,710, with a year-over-year rent change of -10.5%. Per bedroom, the median rent as of July '25 in Northwest Wichita, Wichita, KS is 1-bedrooms: $1,090, 2-bedrooms: $1,380, 3-bedrooms: $1,590, 4-bedrooms: $1,960. The most common rental property sizes in Northwest Wichita, Wichita, KS are 2-bedroom and 1-bedroom, accounting for 57.0% and 17.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,710 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,150 | $1,090 |
| 2 Bed Rent | $1,380 | $1,380 |
| 3 Bed Rent | $1,550 | $1,590 |
| 4 Bed Rent | $2,000 | $1,960 |
% of Rental Stock
Property Listings — Northwest Wichita, Wichita, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Northwest Wichita, Wichita, KS is 70. This is a increase of 32.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | -15.0% |
Listing Count | 138 | 29.0% |
| Listings as % of Homes | 0.9% | 29.0% |
Days on Market | 70 | 32.0% |
Demographics — Northwest Wichita, Wichita, KS
As of the latest ACS Survey released in 2023, Northwest Wichita, Wichita, KS has a population of 20,600, which has increased by 5.9% over the past 5 years. Northwest Wichita, Wichita, KS is a popular place for families, as children make up 29.0% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,600 | 5.9% |
% Under 18 | 29.0% | 1.8% |
% Seniors | 17.2% | 29.3% |
% WFH | 13.0% | 120.3% |
% w/ College Degree | 50.0% | -1.0% |
As of the latest ACS Survey released in 2023, Northwest Wichita, Wichita, KS is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Northwest Wichita, Wichita, KS is hispanic, making up 7.4% of the population. Foreign-born residents account for 3.9% of the population in Northwest Wichita, Wichita, KS, and this percentage has decreased by 30.4% 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 | 83.2% | -0.1% |
% Black | 1.1% | 83.3% |
% Hispanic | 7.4% | -21.3% |
% Asian | 2.8% | -47.2% |
% Foreign Born | 3.9% | -30.4% |
Mortgage and Risk — Northwest Wichita, Wichita, KS
According to HUD data as of 2023, there were 393 mortgage originations in Northwest Wichita, Wichita, KS, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Northwest Wichita, Wichita, KS. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 393 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Northwest Wichita, Wichita, KS
As of 2024, the percent of homes in Northwest Wichita, Wichita, KS under the Section 8 program is 0.2%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Northwest Wichita, Wichita, KS, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $1,150 | $1,140 |
| 2 Bedroom | $110 | $1,380 | $1,490 |
| 3 Bedroom | $400 | $1,550 | $1,950 |
| 4 Bedroom | $390 | $2,000 | $2,390 |
Affordability — Northwest Wichita, Wichita, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $356,000 |
| Median Household Income | $121,000 |