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 | Doniphan County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $28,333 | $104,507 | $242,182 |
| Price Trend (Annual %) | 3.8% | 5.0% | 8.2% |
| Median Gross Rent | $801 | $1,029 | $1,342 |
| Rent Trend (Annual %) | 4.6% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Doniphan County is about 73% lower than in Kansas. Rent is about 22% 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 Doniphan County, up about 3.8% and 4.6% a year respectively. Rent is changing faster.
Median rent in Doniphan County rose about 39.6% between 2015 and 2023, from $574 to $801. Over the same span, rent in Kansas rose about 35.9%.
Affordability
On average, housing unit costs 0.4 yearly household incomes in Doniphan County.
Buying the median-priced home in Doniphan County costs roughly 2.9 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 Doniphan County. The price-to-rent ratio in Kansas is about 8.5.
| Metric | Doniphan County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $28,333 | $104,507 | $242,182 |
| Median Household Income | $73,531 | $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 Doniphan County fell about 62.5%, while median household income rose about 82.2% 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 | Doniphan County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.7% | 60.4% | 58.2% |
| Rental Rate | 14.4% | 29.9% | 31.3% |
| Vacancy Rate | 20.9% | 9.7% | 10.6% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Doniphan County has a homeownership rate of 64.7%, higher than the Kansas average of 60.4%. Its housing vacancy rate is 20.9%, compared with 9.7% in Kansas.
Housing Stock
| Metric | Doniphan County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.45 people | 2.54 people |
| Median Structure Built Year | 1962 | 1974 | 1978 |
| Median Number of Rooms | 6.0 | 6.0 | 5.5 |
The typical housing unit in Doniphan County was built around 1962. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Doniphan County, Kansas.
What is the median home price in Doniphan County, Kansas?
The median home price in Doniphan County, Kansas is $28,333, lower than the Kansas average of $104,507.
What is the average home price in Doniphan 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 Doniphan County, Kansas?
The median gross rent in Doniphan County, Kansas is $801 per month, lower than the Kansas average of $1,029.
What was the median gross rent in Doniphan County in 2020?
In 2020, the median gross rent in Doniphan County, Kansas was $653 per month.
What is the price-to-rent ratio in Doniphan County, Kansas?
The price-to-rent ratio in Doniphan County, Kansas is about 2.9, meaning it would take roughly 2.9 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 Doniphan County.
Are home prices or rent rising faster in Doniphan County, Kansas?
Both home prices and rent are rising in Doniphan County, up about 3.8% and 4.6% a year respectively. Rent is changing faster.
What is the homeownership rate in Doniphan County, Kansas?
64.7% of households in Doniphan County, Kansas own their home, higher than the Kansas average of 60.4%.
What is the vacancy rate in Doniphan County, Kansas?
The housing vacancy rate in Doniphan County, Kansas is 20.9%, higher than the Kansas average of 9.7%.