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Sleepy Hollow

Wichita, KS

Neighborhood Market Analysis

Q3 2025 Report
$190,214[2]
Median Home Price
Above average for Wichita (est. 65–70/100); easy access to parks, shops, and dining[1].
Walkability Score
Public schools rated B+ overall; considered good for families[2].
School Rating

Location Overview

Neighborhood Boundaries

Generally bounded by Central Ave (north), Hillside St (east), Douglas Ave (south), and Grove St (west). Adjacent to College Hill and near Wesley Medical Center.

Zip Codes

6721467208

Market Data Summary

Price Range$54.9K–$270K (recent listings and sales)[3][5]
Price per Sq FtVaries, typically $110–$150/sqft (2024 estimates)
Inventory LevelsVery low; only 1–2 homes for sale at a time[3][5].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesSome duplexes

Architectural Styles

Tudor RevivalA-frameEarly 20th-century eclectic

Property Details

Typical Lot SizesSmall to medium city lots (0.15–0.25 acres)
Home Age Range1920s–1940s, with some newer renovations[1]
Construction QualityGenerally solid, with many homes recently renovated or well-maintained; unique, non-cookie-cutter builds[1].

Community Profile

Demographics & Lifestyle

Demographics

Population ~812; diverse mix of ages and backgrounds; 61% owner-occupied, 39% renters[2][4].

Community Vibe

Urban-suburban mix; historic charm with a creative, up-and-coming feel; active renovation and revitalization[1][2].

Typical Residents

  • Young professionals
  • Families
  • Healthcare workers (proximity to Wesley Medical Center)
  • Retirees

Family Friendly

Yes; quiet streets, kids often seen playing, strong sense of safety and community[3].

Amenities & Lifestyle

Parks & Recreation

  • • MacDonald Golf Course (nearby)
  • • Neighborhood parks

Dining Options

  • • Local cafes
  • • Casual dining
  • • Nearby College Hill restaurants

Shopping Centers

  • • Small retail clusters
  • • Quick access to larger shopping in College Hill and downtown

Local Businesses

  • • Boutiques
  • • Coffee shops
  • • Small restaurants

Education & Schools

Public schools rated B+ overall; considered good for families[2].
Overall School Rating

Elementary Schools

  • • College Hill Elementary
  • • Adams Elementary

Middle Schools

  • • Robinson Middle School

High Schools

  • • East High School

Private Schools

  • • Nearby private and parochial options

Transportation & Accessibility

Transit & Roads

Public Transit

  • • Wichita Transit bus routes along major streets

Major Roads

  • • Central Ave
  • • Douglas Ave
  • • Hillside St

Commute & Walkability

Commute Times5–10 minutes to downtown; 15–20 minutes to major employers; quick access to Wesley Medical Center[1].
WalkabilityGood; many errands can be accomplished on foot[1].
ParkingOn-street and driveway parking; generally sufficient except during events.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Healthcare workers
  • Families
  • Investors seeking unique properties

Key Selling Points

  • Unique, non-cookie-cutter homes
  • Historic charm with modern updates
  • Quiet yet central location

Pricing Considerations

Price competitively due to low inventory; highlight recent renovations and unique features.

Common Objections & Response Strategies

Objection: Older homes may require more maintenance.

Response Strategy:

Highlight recent renovations, home warranties, and inspection reports.

Objection: Limited inventory and few options at a time.

Response Strategy:

Emphasize the value of acting quickly and the long-term appreciation potential.

Objection: Higher price per square foot than some nearby areas.

Response Strategy:

Focus on unique architecture, location, and strong community vibe.

Investment Insights

Investment Potential

Appreciation Potential

Strong; ongoing renovations and rising demand are driving price growth[1].

Rental Demand

Moderate to high; 39% of residents rent, and proximity to medical center increases demand[2].

Buyer Competition

High; low inventory and unique homes create competitive offers[1].

Best For

  • Young professionals
  • Families seeking historic charm
  • Investors targeting value-add properties

Potential Concerns

  • Older home maintenance
  • Limited inventory
  • Occasional price volatility due to unique property types

Professional Recommendations

1

Network with local contractors and renovation specialists to address buyer concerns.

2

Stage homes to highlight both historic charm and modern updates.

3

Educate buyers on the benefits and quirks of older homes.

4

Monitor inventory closely and prepare buyers for quick action.

5

Leverage proximity to Wesley Medical Center in marketing to healthcare professionals.

Competitive Analysis

Comparable Markets

  • College Hill
  • Country Overlook
  • East Front

Market Positioning

Boutique, historic neighborhood with urban convenience and strong appreciation potential.

Competitive Advantages

  • Unique historic homes
  • Proximity to downtown and medical center
  • Strong community identity

Price Comparison

Priced below College Hill but above East Front and Country Overlook; offers better value for unique homes.

Investment Metrics

5–6% (2024 estimates, for well-maintained rentals)
Cap Rates
~6% gross yield (median rent $1,007/mo)[2]
Rental Yields
~15–16 (based on median values)[2]
Price-to-Rent
Positive for value-add or renovated properties; stable for long-term holds.
Cash Flow
Above average for Wichita due to revitalization and demand[1].
Appreciation

Buyer Journey Insights

First-Time Buyers

Attractive for those seeking character and central location; may need education on older home ownership.

Move-Up Buyers

Appealing for buyers upgrading from starter homes; unique properties and larger lots.

Downsizers

Some smaller, low-maintenance homes available; quiet, walkable environment.

Investors

Strong potential for value-add and rental; must act quickly due to low inventory.

Relocators

Ideal for healthcare workers and downtown professionals seeking convenience and charm.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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