Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Chautauqua County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $26,094 | $104,507 | $242,182 |
| Price Trend (Annual %) | 5.4% | 5.0% | 8.2% |
| Median Gross Rent | $713 | $1,029 | $1,342 |
| Rent Trend (Annual %) | 2.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Chautauqua County is about 75% lower than in Kansas. Rent is about 31% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Chautauqua County, up about 5.4% and 2.4% a year respectively. Home prices are changing faster.
Median rent in Chautauqua County rose about 17.2% between 2015 and 2023, from $608 to $713. Over the same span, rent in Kansas rose about 35.9%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Chautauqua County.
Buying the median-priced home in Chautauqua County costs roughly 3.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Chautauqua County. The price-to-rent ratio in Kansas is about 8.5.
| Metric | Chautauqua County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $26,094 | $104,507 | $242,182 |
| Median Household Income | $54,999 | $72,682 | $78,145 |
| Price-to-Income Ratio | 0.5 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Chautauqua County rose about 11.2%, while median household income rose about 55.9% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Chautauqua County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.6% | 60.4% | 58.2% |
| Rental Rate | 11.2% | 29.9% | 31.3% |
| Vacancy Rate | 33.3% | 9.7% | 10.6% |
| Median Tenure (years) | 19.0 | 14.0 | 15.0 |
| Median Year Moved In | 2007 | 2012 | 2011 |
Chautauqua County has a homeownership rate of 55.6%, lower than the Kansas average of 60.4%. Its housing vacancy rate is 33.3%, compared with 9.7% in Kansas.
Housing Stock
| Metric | Chautauqua County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.45 people | 2.54 people |
| Median Structure Built Year | 1966 | 1974 | 1978 |
| Median Number of Rooms | 5.7 | 6.0 | 5.5 |
The typical housing unit in Chautauqua County was built around 1966. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 19.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Chautauqua County, Kansas.
What is the median home price in Chautauqua County, Kansas?
The median home price in Chautauqua County, Kansas is $26,094, lower than the Kansas average of $104,507.
What is the average home price in Chautauqua County, Kansas?
The typical home price in %s, reported as the median sale price, is %s. 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 Chautauqua County, Kansas?
The median gross rent in Chautauqua County, Kansas is $713 per month, lower than the Kansas average of $1,029.
What was the median gross rent in Chautauqua County in 2020?
In 2020, the median gross rent in Chautauqua County, Kansas was $628 per month.
What is the price-to-rent ratio in Chautauqua County, Kansas?
The price-to-rent ratio in Chautauqua County, Kansas is about 3.1, meaning it would take roughly 3.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Chautauqua County.
Are home prices or rent rising faster in Chautauqua County, Kansas?
Both home prices and rent are rising in Chautauqua County, up about 5.4% and 2.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Chautauqua County, Kansas?
55.6% of households in Chautauqua County, Kansas own their home, lower than the Kansas average of 60.4%.
What is the vacancy rate in Chautauqua County, Kansas?
The housing vacancy rate in Chautauqua County, Kansas is 33.3%, higher than the Kansas average of 9.7%.