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Wichita, KS Real Estate


According to census data in the year 2000 there were 152,050 housing units in Wichita. This represents a 12.6% growth from 135,069 in 1990.

Of those housing units, 151,655 were located in either urbanized areas or urban clusters, and 395 were located in what is classified as a rural area.

Homeownership rate in Wichita is about 61.6%. Wichita's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Wichita were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type3.30%
One Bedroom16.50%
Two Bedrooms32.10%
Three Bedrooms34.10%
Four Bedrooms10.90%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1962
Median Value of occupied units$78,900
Median Price asked for vacant units$63,100

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1966
Median Monthly Rent asked for vacant units$422

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8.40%
Home Equity Loan6%
Simple Mortgage55.30%
Debt Free30.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%