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 | Dickinson County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $24,249 | $104,507 | $242,182 |
| Price Trend (Annual %) | -9.7% | 5.0% | 8.2% |
| Median Gross Rent | $808 | $1,029 | $1,342 |
| Rent Trend (Annual %) | 3.7% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dickinson County is about 77% lower than in Kansas. Rent is about 21% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Dickinson County: home prices fell about 9.7% a year while rent rose about 3.7% a year. That is an unusual pattern worth watching.
Median rent in Dickinson County rose about 29.3% between 2015 and 2023, from $625 to $808. Over the same span, rent in Kansas rose about 35.9%.
Affordability
On average, housing unit costs 0.4 yearly household incomes in Dickinson County.
Buying the median-priced home in Dickinson County costs roughly 2.5 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 Dickinson County. The price-to-rent ratio in Kansas is about 8.5.
| Metric | Dickinson County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $24,249 | $104,507 | $242,182 |
| Median Household Income | $67,491 | $72,682 | $78,145 |
| Price-to-Income Ratio | 0.4 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Dickinson County fell about 59.5%, while median household income rose about 49.1% 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 | Dickinson County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.5% | 60.4% | 58.2% |
| Rental Rate | 19.0% | 29.9% | 31.3% |
| Vacancy Rate | 9.5% | 9.7% | 10.6% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Dickinson County has a homeownership rate of 71.5%, higher than the Kansas average of 60.4%. Its housing vacancy rate is 9.5%, compared with 9.7% in Kansas.
Housing Stock
| Metric | Dickinson County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.26 people | 2.45 people | 2.54 people |
| Median Structure Built Year | 1960 | 1974 | 1978 |
| Median Number of Rooms | 6.6 | 6.0 | 5.5 |
The typical housing unit in Dickinson County was built around 1960. On average, 2.3 people live in a home with about 6.6 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Dickinson County, Kansas.
What is the median home price in Dickinson County, Kansas?
The median home price in Dickinson County, Kansas is $24,249, lower than the Kansas average of $104,507.
What is the average home price in Dickinson 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 Dickinson County, Kansas?
The median gross rent in Dickinson County, Kansas is $808 per month, lower than the Kansas average of $1,029.
What was the median gross rent in Dickinson County in 2020?
In 2020, the median gross rent in Dickinson County, Kansas was $677 per month.
What is the price-to-rent ratio in Dickinson County, Kansas?
The price-to-rent ratio in Dickinson County, Kansas is about 2.5, meaning it would take roughly 2.5 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 Dickinson County.
Are home prices or rent rising faster in Dickinson County, Kansas?
Home prices and rent are moving in opposite directions in Dickinson County: home prices fell about 9.7% a year while rent rose about 3.7% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Dickinson County, Kansas?
71.5% of households in Dickinson County, Kansas own their home, higher than the Kansas average of 60.4%.
What is the vacancy rate in Dickinson County, Kansas?
The housing vacancy rate in Dickinson County, Kansas is 9.5%, lower than the Kansas average of 9.7%.