The story of this market
The typical home in ZIP 67232 sells for about $451,363, or $148 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 67232 — Wichita
The housing market in 67232 remains strong, characterized by high demand for single-family homes and steady price appreciation. Low inventory levels continue to drive competitive conditions for buyers, while the area's economic stability and quality of life remain key drivers of growth.
This ZIP is ideal for families and professionals seeking suburban living with newer housing stock and access to quality schools, while remaining within a reasonable commute to Wichita's employment centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 39 days on market with 2.4 months of supply — a fast-moving market.
9% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 23.6% — a mixed stability 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 6.1%/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 6.1%/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 67232, Sedgwick County KS
Crime rates in this area are generally lower than the Wichita city average, with property crime being the primary concern. Regional comparisons indicate a safer environment compared to the urban core.
Schools serving this ZIP are part of the Goddard and Wichita school districts, generally receiving favorable ratings for student performance and facilities.
The area is subject to standard Kansas wind and storm risks, including tornadoes; flood risk is generally low but varies by specific parcel location.
The area is experiencing steady residential growth with ongoing suburban expansion and proximity to major Wichita employment hubs in the aerospace and manufacturing sectors.
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.
Commuters primarily rely on highway access to reach downtown Wichita, with average commute times ranging from 20 to 30 minutes.
The area features access to local community parks, nearby golf courses, and suburban shopping centers within a short driving distance.
The rental market is characterized by moderate demand and low vacancy rates, with a mix of single-family homes and newer apartment complexes.
The economy is anchored by Wichita's aerospace industry, including major employers like Textron Aviation and Spirit AeroSystems, alongside healthcare and education sectors.
Transportation is primarily automobile-dependent, with major arterial roads connecting to the Wichita highway network.
Development is focused on residential infill and expansion of suburban retail infrastructure along major corridors.
The Sedgwick County Appraiser's Office conducts annual market value assessments for all residential properties.
Parcels are subject to various special districts including school, fire, and library districts, with some areas potentially under MUD/PID structures.
Property insurance premiums are influenced by regional severe weather risks, with standard coverage widely available.
Data retrieved from Census Bureau 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.
Large regional park offering trails, fishing, and sports facilities.
Private golf course serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.