Northeast Wichita, Wichita, KS—67214
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northeast Wichita, Wichita, KS
As of Oct '25, the median home price in Northeast Wichita, Wichita, KS is $82,000, with a year-over-year change of -5.7%. This indicates that home prices in Northeast Wichita, Wichita, KS are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $82,000 | -5.7% |
| Single Family | $82,000 | -5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $64,000 | -1.5% |
2 Bed | $70,000 | -5.4% |
3 Bed | $94,000 | -5.1% |
4 Bed | $123,000 | -4.7% |
| 5 Bed | $149,000 | -1.3% |
% of Housing Stock
Rental Trends — Northeast Wichita, Wichita, KS
As of July '25, Rentcast reports the average rent in Northeast Wichita, Wichita, KS is $870, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Northeast Wichita, Wichita, KS is studios: $575, 1-bedrooms: $607, 2-bedrooms: $825, 3-bedrooms: $1,020, 4-bedrooms: $1,360. The most common rental property sizes in Northeast Wichita, Wichita, KS are 2-bedroom and 3-bedroom, accounting for 35.1% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $870 |
| Studio Rent | $550 | $575 |
| 1 Bed Rent | $595 | $607 |
| 2 Bed Rent | $800 | $825 |
| 3 Bed Rent | $1,100 | $1,020 |
| 4 Bed Rent | $1,250 | $1,360 |
% of Rental Stock
Property Listings — Northeast Wichita, Wichita, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Northeast Wichita, Wichita, KS is 55. This is a decrease of -16.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $118,000 | -13.0% |
Listing Count | 67 | 98.0% |
| Listings as % of Homes | 0.4% | 98.0% |
Days on Market | 55 | -16.0% |
Demographics — Northeast Wichita, Wichita, KS
As of the latest ACS Survey released in 2023, Northeast Wichita, Wichita, KS has a population of 15,600, which has increased by 5.9% over the past 5 years. Northeast Wichita, Wichita, KS is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,600 | 5.9% |
% Under 18 | 28.9% | -2.4% |
% Seniors | 13.0% | 16.1% |
% WFH | 3.9% | 160.0% |
% w/ College Degree | 12.7% | 24.5% |
As of the latest ACS Survey released in 2023, Northeast Wichita, Wichita, KS is a predominantly hispanic area, with 34.7% of the population identifying as hispanic. The hispanic population has grown by 35.5% in the last 5 years. The second most common race or ethnicity in Northeast Wichita, Wichita, KS is black, making up 32.9% of the population. Foreign-born residents account for 18.7% of the population in Northeast Wichita, Wichita, KS, and this percentage has increased by 33.6% 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 | 22.3% | 4.2% |
% Black | 32.9% | -26.4% |
% Hispanic | 34.7% | 35.5% |
% Asian | 2.9% | 11.5% |
% Foreign Born | 18.7% | 33.6% |
Mortgage and Risk — Northeast Wichita, Wichita, KS
According to HUD data as of 2023, there were 177 mortgage originations in Northeast Wichita, Wichita, KS, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Northeast Wichita, Wichita, KS. Investor activity is high, as 23.0% 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 | 177 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 23.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Northeast Wichita, Wichita, KS
As of 2024, the percent of homes in Northeast Wichita, Wichita, KS under the Section 8 program is 18.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Northeast Wichita, 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 | 792 |
Total Units Section 8 | 638 |
% Rentals under Section 8 | 18.1% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $105 | $595 | $700 |
| 2 Bedroom | $120 | $800 | $920 |
| 3 Bedroom | $110 | $1,100 | $1,210 |
| 4 Bedroom | $230 | $1,250 | $1,480 |
Affordability — Northeast Wichita, Wichita, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $82,000 |
| Median Household Income | $36,600 |