Andover, Wichita, KS—67230
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Andover, Wichita, KS
As of Oct '25, the median home price in Andover, Wichita, KS is $431,000, with a year-over-year change of -0.7%. This indicates that home prices in Andover, Wichita, KS are flat. 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 | $431,000 | -0.7% |
| Single Family | $436,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $316,000 | 0.0% |
3 Bed | $347,000 | -0.6% |
4 Bed | $412,000 | -1.0% |
| 5 Bed | $533,000 | -0.7% |
% of Housing Stock
Rental Trends — Andover, Wichita, KS
As of July '25, Rentcast reports the average rent in Andover, Wichita, KS is $2,320, with a year-over-year rent change of -7.2%. Per bedroom, the median rent as of July '25 in Andover, Wichita, KS is 3-bedrooms: $1,750, 4-bedrooms: $2,540. The most common rental property sizes in Andover, Wichita, KS are 3-bedroom and 4-bedroom, accounting for 60.1% and 23.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $2,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,750 |
| 4 Bed Rent | $1,980 | $2,540 |
% of Rental Stock
Property Listings — Andover, Wichita, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Andover, Wichita, KS is 52. This is a decrease of -9.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $413,000 | -4.0% |
Listing Count | 102 | 11.0% |
| Listings as % of Homes | 1.8% | 11.0% |
Days on Market | 52 | -9.0% |
Demographics — Andover, Wichita, KS
As of the latest ACS Survey released in 2023, Andover, Wichita, KS has a population of 11,800, which has increased by 6.8% over the past 5 years. Andover, Wichita, KS is a popular place for families, as children make up 27.5% of the population. The area has a highly educated workforce, with 62.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,800 | 6.8% |
% Under 18 | 27.5% | 10.0% |
% Seniors | 17.9% | -4.3% |
% WFH | 9.8% | 157.9% |
% w/ College Degree | 62.7% | 2.0% |
As of the latest ACS Survey released in 2023, Andover, Wichita, KS is a predominantly white area, with 74.8% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Andover, Wichita, KS is asian, making up 13.2% of the population. Foreign-born residents account for 9.7% of the population in Andover, Wichita, KS, and this percentage has increased by 10.2% 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 | 74.8% | -6.3% |
% Black | 5.2% | 20.9% |
% Hispanic | 3.1% | -8.8% |
% Asian | 13.2% | 18.9% |
% Foreign Born | 9.7% | 10.2% |
Mortgage and Risk — Andover, Wichita, KS
According to HUD data as of 2023, there were 365 mortgage originations in Andover, Wichita, KS, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Andover, Wichita, KS. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 365 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Andover, Wichita, KS
Andover, Wichita, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,140 |
| 2 Bedroom | N/A | N/A | $1,490 |
| 3 Bedroom | $350 | $1,600 | $1,950 |
| 4 Bedroom | $410 | $1,980 | $2,390 |
Affordability — Andover, Wichita, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $431,000 |
| Median Household Income | $151,000 |