In Wichita, Kansas (67216), the median value of housing is $118,800. This is significantly lower than the national median value of $338,100. However, the one year appreciation rate in Wichita is 9.87%, higher than the national rate of 8.27%. This suggests that investing in Wichita's housing market could be a smart choice for potential homeowners or investors. Despite having a lower median value than most other areas, it appears to be an appreciating area with great potential for growth and appreciation over time.
The median home cost in Wichita (zip 67216) is $118,800. Home appreciation the last 10 years has been 74.2%. Home Appreciation in Wichita (zip 67216) is up 15.3%.
Average Age of Homes
- The median age of Wichita (zip 67216) real estate is 51 years old
The Rental Market in Wichita (zip 67216)
- Renters make up 32.5% of the Wichita (zip 67216) population
- 2.6% of houses and apartments in Wichita (zip 67216), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.