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 | Ellsworth County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $274,324 | $104,507 | $242,182 |
| Price Trend (Annual %) | 33.6% | 5.0% | 8.2% |
| Median Gross Rent | $705 | $1,029 | $1,342 |
| Rent Trend (Annual %) | 2.7% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ellsworth County is about 162% higher 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 Ellsworth County, up about 33.6% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Ellsworth County rose about 16.1% between 2015 and 2023, from $607 to $705. Over the same span, rent in Kansas rose about 35.9%.
Affordability
On average, housing unit costs 4.0 yearly household incomes in Ellsworth County.
Buying the median-priced home in Ellsworth County costs roughly 32.4 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 Ellsworth County. The price-to-rent ratio in Kansas is about 8.5.
| Metric | Ellsworth County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $274,324 | $104,507 | $242,182 |
| Median Household Income | $68,386 | $72,682 | $78,145 |
| Price-to-Income Ratio | 4.0 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Ellsworth County rose about 377.1%, while median household income rose about 57.3% between 2009 and 2023 — 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 | Ellsworth County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.1% | 60.4% | 58.2% |
| Rental Rate | 13.8% | 29.9% | 31.3% |
| Vacancy Rate | 25.1% | 9.7% | 10.6% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Ellsworth County has a homeownership rate of 61.1%, higher than the Kansas average of 60.4%. Its housing vacancy rate is 25.1%, compared with 9.7% in Kansas.
Housing Stock
| Metric | Ellsworth County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.45 people | 2.54 people |
| Median Structure Built Year | 1959 | 1974 | 1978 |
| Median Number of Rooms | 6.2 | 6.0 | 5.5 |
The typical housing unit in Ellsworth County was built around 1959. On average, 2.3 people live in a home with about 6.2 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Ellsworth County, Kansas.
What is the median home price in Ellsworth County, Kansas?
The median home price in Ellsworth County, Kansas is $274,324, higher than the Kansas average of $104,507.
What is the average home price in Ellsworth 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 Ellsworth County, Kansas?
The median gross rent in Ellsworth County, Kansas is $705 per month, lower than the Kansas average of $1,029.
What was the median gross rent in Ellsworth County in 2020?
In 2020, the median gross rent in Ellsworth County, Kansas was $619 per month.
What is the price-to-rent ratio in Ellsworth County, Kansas?
The price-to-rent ratio in Ellsworth County, Kansas is about 32.4, meaning it would take roughly 32.4 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 Ellsworth County.
Are home prices or rent rising faster in Ellsworth County, Kansas?
Both home prices and rent are rising in Ellsworth County, up about 33.6% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Ellsworth County, Kansas?
61.1% of households in Ellsworth County, Kansas own their home, higher than the Kansas average of 60.4%.
What is the vacancy rate in Ellsworth County, Kansas?
The housing vacancy rate in Ellsworth County, Kansas is 25.1%, higher than the Kansas average of 9.7%.