College Hill, Wichita, KS67208

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$171,000
0.5% YoY Growth
Median Household Income
$60,000
19.1% 5-Year Growth
Days on Market
40
25.0% Longer than last year
Home Price Forecast
1.6%
Median Rent
$975
1.6% YoY Growth
1-Bed Rent
$750
1.1% YoY Growth
2-Bed Rent
$995
1.0% YoY Growth
3-Bed Rent
$1,100
16.9% YoY Growth

Property Listings — College Hill, Wichita, KS

As of Oct '25, Realtor.com reports that the median days on market for a home in College Hill, Wichita, KS is 40. This is a increase of 25.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$229,0000.0%
Listing Count
7129.0%
Listings as % of Homes0.6%29.0%
Days on Market
4025.0%
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Demographics — College Hill, Wichita, KS

As of the latest ACS Survey released in 2023, College Hill, Wichita, KS has a population of 18,100, which has increased by 2.1% over the past 5 years. College Hill, Wichita, KS is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 41.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,1002.1%
% Under 18
25.0%-0.8%
% Seniors
12.6%4.1%
% WFH
13.3%224.4%
% w/ College Degree
41.2%8.1%
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As of the latest ACS Survey released in 2023, College Hill, Wichita, KS is a predominantly white area, with 60.5% of the population identifying as white. The white population has grown by 9.4% in the last 5 years. The second most common race or ethnicity in College Hill, Wichita, KS is black, making up 19.7% of the population. Foreign-born residents account for 6.2% of the population in College Hill, Wichita, KS, and this percentage has decreased by 6.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
60.5%9.4%
% Black
19.7%-29.9%
% Hispanic
9.3%19.2%
% Asian
3.6%-7.7%
% Foreign Born
6.2%-6.1%
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Mortgage and Risk — College Hill, Wichita, KS

According to HUD data as of 2023, there were 336 mortgage originations in College Hill, Wichita, KS, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in College Hill, Wichita, KS. Investor activity is low, as 15.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
336
% Conventional Loans
80.0%
% Government Loans
20.0%
% Investor Loans
15.0%
% Second Loans
1.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — College Hill, Wichita, KS

As of 2024, the percent of homes in College Hill, Wichita, KS under the Section 8 program is 12.9%. 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. In College Hill, Wichita, KS, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
455
Total Units Section 8
451
% Rentals under Section 8
12.9%
% Occupied Section 8
91.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$70$750$820
2 Bedroom$85$995$1,080
3 Bedroom$320$1,100$1,420
4 Bedroom$430$1,300$1,730

Affordability — College Hill, Wichita, KS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$171,000
Median Household Income$60,000

College Hill, Wichita, KS — ZIP Code Boundary Map

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Frequently Asked Questions