The story of this market
The typical home in ZIP 67204 sells for about $307,450, or $158 per square foot.
Prices are down 18.21% from a year ago, which gives buyers more room to negotiate. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $1,064 a month.
ZIP 67204 — Wichita
The 67204 housing market shows signs of cooling with a significant year-over-year decline in median listing prices, though inventory remains relatively tight. Market activity is driven by local workforce demand and infill development, with buyers currently finding more leverage than in previous quarters. Specific figures for months of supply and sale-to-list ratios are based on current active listing data.
This ZIP is well-suited for first-time homebuyers and workforce families seeking affordability within the Wichita city limits, as well as investors looking for rental properties in established neighborhoods.
Median prices moved down 18.2% year over year.
Homes spend a median of 30 days on market with 4.2 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 10.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 67204, Sedgwick County KS
Crime rates in the 67204 area are generally higher than the national average, with property crime being the most frequently reported issue in this part of North Wichita.
Schools serving this ZIP are part of Wichita Public Schools (USD 259), which generally receive mixed performance ratings, with some elementary schools performing below state averages.
The area is subject to standard Midwestern climate risks, including severe thunderstorms, high winds, and occasional tornado activity; flood risk is localized to specific low-lying areas near the Little Arkansas River.
Development momentum is driven by infill residential projects and proximity to the industrial and manufacturing corridors of North Wichita, though large-scale commercial expansion is limited.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kansas) — Kansas Residential Property Tax: Annual tax bill calculated as: (Appraised Fair Market Value * 11.5% Assessment Rate) * (Mill Levy / 1,000). The mill levy is the combined tax rate set by local taxing jurisdictions.
Residents typically have a 15-20 minute drive to downtown Wichita via I-135 or N Broadway, with limited public transit options available.
The area features access to local neighborhood parks and is within a short drive of the Sedgwick County Park and the Arkansas River path system.
The rental market is characterized by a mix of older single-family homes and small multi-family units, with moderate vacancy pressure and steady demand from workforce tenants.
The economy is anchored by Wichita's manufacturing and aviation sectors, with many residents employed in nearby industrial parks and the downtown business core.
The area is served by major arterial roads including Broadway and I-135, providing direct access to the broader Wichita metro area.
Development is largely focused on small-scale residential infill and the revitalization of existing commercial corridors.
The Sedgwick County Appraiser's Office conducts annual market value assessments for all residential properties.
Parcels are subject to Wichita Public Schools (USD 259) and standard municipal utility districts.
Property insurance premiums are influenced by regional exposure to wind and hail damage, which is typical for the Wichita metropolitan area.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features sports fields, playgrounds, and community facilities.
Local commercial corridor with various small businesses and eateries.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.