Bourbon County, Kansas Housing Market Prices
Bourbon County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 79% above the Kansas median More expensive than 88% of counties in Kansas$187,500
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Median rent 29% below the Kansas median$752
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Bourbon County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $187,500 | $104,644 | $248,835 |
| Price Trend (Annual %) | 39.1% | 4.4% | 7.5% |
| Median Gross Rent | $752 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bourbon County is about 79% higher than in Kansas. Rent is about 29% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bourbon County, up about 39.1% and 3.1% a year respectively. Home prices are changing faster.
Median rent in Bourbon County rose about 28.5% between 2015 and 2024, from $585 to $752. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Bourbon County.
Buying the median-priced home in Bourbon County costs roughly 20.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bourbon County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Bourbon County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $187,500 | $104,644 | $248,835 |
| Median Household Income | $59,363 | $74,287 | $80,455 |
| Price-to-Income Ratio | 3.2 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bourbon County rose about 370.0%, while median household income rose about 49.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bourbon County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.0% | 60.9% | 58.5% |
| Rental Rate | 22.4% | 29.8% | 31.2% |
| Vacancy Rate | 13.6% | 9.2% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Bourbon County has a homeownership rate of 64.0%, higher than the Kansas average of 60.9%. Its housing vacancy rate is 13.6%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Bourbon County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1957 | 1975 | 1978 |
| Median Number of Rooms | 5.9 | 6.0 | 5.5 |
The typical housing unit in Bourbon County was built around 1957. On average, 2.4 people live in a home with about 5.9 rooms, staying for about 15.0 years on average.
Bourbon County, KS Housing Compared With Nearby Counties
How Bourbon County, KS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bourbon County, KS | 14,394 | $187,500 #1/3 | $752 #2/3 | 74.0% #2/3 |
| Crawford County, KS | 39,008 | $10,543 | $849 | 60.8% |
| Allen County, KS | 12,483 | $110,892 | $719 | 75.4% |
Frequently Asked Questions
Common questions about the housing market in Bourbon County, Kansas.
What is the median home price in Bourbon County, Kansas?
The median home price in Bourbon County, Kansas is $187,500, higher than the Kansas average of $104,644.
What is the average home price in Bourbon County, Kansas?
The typical home price in Bourbon County, Kansas, reported as the median sale price, is $187,500. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bourbon County, Kansas?
The median gross rent in Bourbon County, Kansas is $752 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Bourbon County in 2020?
In 2020, the median gross rent in Bourbon County, Kansas was $699 per month.
What is the price-to-rent ratio in Bourbon County, Kansas?
The price-to-rent ratio in Bourbon County, Kansas is about 20.8, meaning it would take roughly 20.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bourbon County.
Are home prices or rent rising faster in Bourbon County, Kansas?
Both home prices and rent are rising in Bourbon County, up about 39.1% and 3.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bourbon County, Kansas?
64.0% of households in Bourbon County, Kansas own their home, higher than the Kansas average of 60.9%.
What is the vacancy rate in Bourbon County, Kansas?
The housing vacancy rate in Bourbon County, Kansas is 13.6%, higher than the Kansas average of 9.2%.
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