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Condo Foreclosures in Wichita, KS 67223

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Wichita, KS Foreclosures

How much do homes sell for in Wichita, KS?
The average home price is currently $234,951.
What’s the average rental cost in Wichita, KS?
The average rental price in Wichita is $1,149.
What is the most expensive home in Wichita?
The most expensive home sold in Wichita had a price of $7,510,509.
What is currently the cheapest priced home in Wichita, KS?
The cheapest home for sale in Wichita is priced at $10,147.

Living in Wichita, KS

Wichita, KS, combines urban living with a close-knit community feel. It's an attractive place for families and young professionals alike, offering various recreational, educational, and cultural opportunities. The city's diverse neighborhoods and vibrant atmosphere make it a desirable location for homebuyers and investors.

Current Market Conditions in Wichita, KS

Wichita's real estate market has experienced moderate growth, with a steady increase in home sales and prices over the past year. Currently, demand is robust, driven by the city's affordability compared to national averages and ongoing development projects that are reshaping the landscape. Builders are actively constructing new homes to accommodate the influx of residents.

The market remains buyer-friendly, with ample inventory and interest rates stabilizing, making it an opportune time for first-time buyers and investors. The affordability of housing in Wichita is a significant draw, resulting in increased competition for prime properties.

Home Value Estimator For Wichita, KS

There are currently 128,465 real estate properties in Wichita, KS, with a median automated valuation model (AVM) price of $200,363.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wichita, KS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wichita, KS, is $234,951.00, with the most expensive house in Wichita, KS, topping out at $7,510,509.00 and the cheapest home in Wichita, KS, clocking in at $10,147.00. In other words, there’s something for every potential homebuyer or savvy investor in Wichita, KS!

Rent Prices In Wichita, KS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wichita, KS, is on a rollercoaster ride. The average rent price in Wichita, KS, is $1,149.00. Indeed, when looking to rent in Wichita, KS, you can expect to pay as little as $420.00 or as much as $3,900.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Wichita, KS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wichita, KS 67223 Condos

Market Trend for Wichita, KS

Total Listings Available: 0

Market Values:

Home Prices from $10,147 to $7,510,509

Average Sales Price: $234,951

Rental Values:

Rental from $420 to $3,900

Average Rent Value: $1,149 / month

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