Wichita, KS

Population: 386,409
Average annual home appreciation rate: 2.17%
Total of homes for sale in this market: 1,574
Median home price: $108,216
Median Rent: $514 per room
Home price range: 40.56% of homes are between $92,001 – $185,000
Median sales price: NO DATA
Number of homes: 2,186
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 67.92% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 9.66%
Number of renters: 36.87%
Number of owner occupied: 63.13%
Number people living below poverty level: 16.51%
Unemployment rate: 6.30%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Wichita area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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