The story of this market
The typical home in ZIP 67122 sells for about $135,000, or $98 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 67122 — Piedmont
The housing market in 67122 is characterized by low inventory and limited sales activity, typical of a rural ZCTA. Prices have shown modest year-over-year growth, though specific metrics like rental depth and permit activity are not determinable at this granular level.
This ZIP is ideal for family buyers and commuters who prefer a quintessential small-town Kansas atmosphere while remaining within reach of Wichita's larger employment and amenity base.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 4.1 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 11.2% — 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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 67122, Elk County KS
Mulvane schools are generally well-regarded, serving as a central community anchor for this small Kansas town.
Located in Tornado Alley, the area is highly susceptible to severe wind and tornado events, necessitating common residential features like basements or storm shelters.
Mulvane maintains a steady growth trajectory as a south Wichita suburb, balancing historic residential areas with ongoing new construction on the city's outskirts.
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 primarily commute north into the Wichita employment core via highway corridors, with typical drive times reflecting a suburban-to-urban transit profile.
The area features local parks and historic festival grounds, with proximity to southern Sedgwick County's rural landscapes and regional shopping/dining in nearby Wichita.
The rental market is characterized by steady demand from those seeking a small-town environment near Wichita, with limited vacancy pressure and a mix of long-term and investor-owned properties.
The local economy is supported by a mix of small-town commerce and proximity to the broader Wichita industrial and aerospace employment base.
Transportation is primarily auto-dependent, relying on regional highway connections to access the Wichita metropolitan area.
Development is focused on residential expansion on the city's periphery to accommodate population growth.
The Sedgwick County Appraiser's Office manages property assessments, utilizing mass appraisal techniques to determine market value for taxation.
Parcels are subject to Mulvane USD 263 school district taxes and local municipal utility service districts.
Property insurance premiums are influenced by the region's high exposure to severe convective storms and tornado risk.
Data retrieved from data.census.gov ZCTA 67122 profile.
Local green spaces supporting community events and recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.