Wichita, KS Home Values & Market Trends

Real estate market trends reflect that there have been 4,781 transactions over the past year in Wichita. The median value for residential home transactions that occurred over the previous year is $201,572.13. The number of current listings in Wichita is 233, and the percentage of properties for sale in the city is 233.00%. Wichita, KS currently has 156 properties in foreclosure, 18 bank owned properties, 20 properties headed for auction, and 233 properties for sale.

Wichita, KS Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
67218

$ 126,388

$ 141/sqft

67204

$ 256,202

$ 141/sqft

67207

$ 151,699

$ 127/sqft

67215

$ 318,455

$ 123/sqft

67226

$ 356,163

$ 135/sqft

67220

$ 255,924

$ 112/sqft

67235

$ 392,542

$ 161/sqft

67209

$ 277,053

$ 116/sqft

67205

$ 395,000

$ 146/sqft

67203

$ 260,000

$ 122/sqft

67217

$ 144,052

$ 133/sqft

67228

$ 440,594

$ 148/sqft

67211

$ 105,000

$ 99/sqft

67210

$ 49,900

$ 44/sqft

67212

$ 259,500

$ 104/sqft

67202

$ 270,656

$ 187/sqft

67208

$ 204,245

$ 115/sqft

67219

$ 99,709

$ 90/sqft

67216

$ 176,230

$ 118/sqft

67223

$ --

$ --

67230

$ 452,017

$ 159/sqft

67227

$ --

$ --

67206

$ 309,750

$ 120/sqft

67232

$ --

$ --

67213

$ 125,000

$ 107/sqft

67260

$ --

$ --

67214

$ 110,516

$ 96/sqft

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Housing Market Summary for Wichita, KS

Apr 2023March 2024Change
Median Listing Price$284.9K$213.2K-25.18%
Median Sold Price$201.3K$213.2K5.93%
Homes For Sale2152233.72%
Homes Sold2,4402,197-9.96%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Wichita, KS

Wichita home values range from $20,190 to $5,498,436. The median estimated value of a home in Wichita is $201,572.13. The median list price of a home is 275,000, and the total count of properties in the city is 144,866.

Foreclosure
There are 27 zips within Wichita, KS; within these zips, the median estimated home value for homes in foreclosure ranges from $271,500 in 67213 to the lowest value of $22,900 in 67213. Foreclosure homes account for 0.00% of properties in Wichita, KS with 67211 containing 18 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Wichita, KS with 67216 containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 27 zips within Wichita, KS; of those zips, the estimated home value for pre-foreclosure homes ranges from $193,500 in 67235 to the lowest home value of $38,102 in 67214.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Wichita, KS ranges from the highest value of $168,755 in 67226 to the lowest value of $22,900 in 67213. Bank owned homes and properties account for 0.01% of properties in Wichita, KS. There are 27 zips within Wichita, KS; 67213 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    67204 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Wichita, KS. Auction homes and other auction properties account for 0.01% of all properties in Wichita, KS. There are 27 zips within Wichita, KS; of those zips, the median estimated home value for homes going to auction ranges from $231,500 in 67217 to the lowest value of $65,861 in 67217.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.16% of residential properties in Wichita, KS with 67218 containing 31 homes for sale, the highest number of listed properties in a single zip. There are 27 zips within Wichita, KS; homes for sale in those zips, have a range of median values from $456,189 in 67228 to the lowest value of $36,226 in 67217.
    Sold Homes
    The median value for recently sold homes ranges from $601,426 in 67228 to the lowest price of $20,194 in 67228. There are 27 zips within Wichita, KS. 67212 has 232 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.50% of properties in Wichita, KS.

      Compare Nearby Cities

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      Guide for Wichita, KS

      Market Reports
      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Market Reports|posted 22 March 2024

      A comparative analysis of nearby cities shows diverse market dynamics in the Wichita real estate market in the first three months of 2024.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.