Crown Heights, Wichita, KS67218

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$146,000
0.9% YoY Growth
Median Household Income
$47,900
21.7% 5-Year Growth
Days on Market
39
5.0% Shorter than last year
Home Price Forecast
1.6%
Median Rent
$900
8.4% YoY Growth
1-Bed Rent
$595
6.6% YoY Growth
2-Bed Rent
$895
1.3% YoY Growth
3-Bed Rent
$1,280
1.5% YoY Growth

Property Listings — Crown Heights, Wichita, KS

As of Oct '25, Realtor.com reports that the median days on market for a home in Crown Heights, Wichita, KS is 39. This is a decrease of -5.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$148,000-3.0%
Listing Count
7251.0%
Listings as % of Homes0.3%51.0%
Days on Market
39-5.0%
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Demographics — Crown Heights, Wichita, KS

As of the latest ACS Survey released in 2023, Crown Heights, Wichita, KS has a population of 22,900, which has increased by 2.0% over the past 5 years. Crown Heights, Wichita, KS is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
22,9002.0%
% Under 18
23.5%-8.6%
% Seniors
14.9%16.4%
% WFH
7.1%82.1%
% w/ College Degree
24.8%1.2%
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As of the latest ACS Survey released in 2023, Crown Heights, Wichita, KS is a predominantly white area, with 51.4% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Crown Heights, Wichita, KS is hispanic, making up 24.0% of the population. Foreign-born residents account for 12.0% of the population in Crown Heights, Wichita, KS, and this percentage has decreased by 18.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
51.4%-1.9%
% Black
13.7%-24.7%
% Hispanic
24.0%18.2%
% Asian
3.1%-32.6%
% Foreign Born
12.0%-18.4%
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Mortgage and Risk — Crown Heights, Wichita, KS

According to HUD data as of 2023, there were 277 mortgage originations in Crown Heights, Wichita, KS, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Crown Heights, Wichita, KS. Investor activity is high, as 18.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
277
% Conventional Loans
66.0%
% Government Loans
34.0%
% Investor Loans
18.0%
% Second Loans
1.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Crown Heights, Wichita, KS

As of 2024, the percent of homes in Crown Heights, Wichita, KS under the Section 8 program is 8.6%. 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Crown Heights, Wichita, KS, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD
502
Total Units Section 8
436
% Rentals under Section 8
8.6%
% Occupied Section 8
92.7%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$105$595$700
2 Bedroom$25$895$920
3 Bedroom-$70$1,280$1,210
4 Bedroom$80$1,400$1,480

Affordability — Crown Heights, Wichita, KS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$146,000
Median Household Income$47,900

Crown Heights, Wichita, KS — ZIP Code Boundary Map

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Frequently Asked Questions