South Central, Wichita, KS67211

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$116,000
2.2% YoY Growth
Median Household Income
$44,000
38.3% 5-Year Growth
Days on Market
48
21.0% Longer than last year
Home Price Forecast
1.4%
Median Rent
$850
8.0% YoY Growth
1-Bed Rent
$700
9.5% YoY Growth
2-Bed Rent
$895
0.9% YoY Growth
3-Bed Rent
$1,200
0.8% YoY Growth

Property Listings — South Central, Wichita, KS

As of Oct '25, Realtor.com reports that the median days on market for a home in South Central, Wichita, KS is 48. This is a increase of 21.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$132,000-5.0%
Listing Count
7223.0%
Listings as % of Homes0.4%23.0%
Days on Market
4821.0%
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Demographics — South Central, Wichita, KS

As of the latest ACS Survey released in 2023, South Central, Wichita, KS has a population of 18,700, which has decreased by -1.5% over the past 5 years. South Central, Wichita, KS is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 13.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,700-1.5%
% Under 18
25.8%-7.5%
% Seniors
12.2%14.0%
% WFH
3.7%164.3%
% w/ College Degree
13.8%4.5%
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As of the latest ACS Survey released in 2023, South Central, Wichita, KS is a predominantly white area, with 47.4% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in South Central, Wichita, KS is hispanic, making up 27.1% of the population. Foreign-born residents account for 13.4% of the population in South Central, Wichita, KS, and this percentage has increased by 16.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
47.4%-8.7%
% Black
12.9%30.3%
% Hispanic
27.1%2.7%
% Asian
3.3%3.1%
% Foreign Born
13.4%16.5%
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Mortgage and Risk — South Central, Wichita, KS

According to HUD data as of 2023, there were 277 mortgage originations in South Central, Wichita, KS, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in South Central, Wichita, KS. Investor activity is high, as 26.0% 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
277
% Conventional Loans
76.0%
% Government Loans
24.0%
% Investor Loans
26.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — South Central, Wichita, KS

As of 2024, the percent of homes in South Central, Wichita, KS under the Section 8 program is 6.8%. 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 South Central, 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
313
Total Units Section 8
312
% Rentals under Section 8
6.8%
% Occupied Section 8
92.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$30$700$730
2 Bedroom$65$895$960
3 Bedroom$60$1,200$1,260
4 Bedroom$190$1,350$1,540

Affordability — South Central, Wichita, KS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.2
Median Home Price$116,000
Median Household Income$44,000

South Central, Wichita, KS — ZIP Code Boundary Map

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Frequently Asked Questions