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 | Johnson County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $309,545 | $104,507 | $242,182 |
| Price Trend (Annual %) | 6.4% | 5.0% | 8.2% |
| Median Gross Rent | $1,385 | $1,029 | $1,342 |
| Rent Trend (Annual %) | 5.1% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Johnson County is about 196% higher than in Kansas. Rent is about 35% higher 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 Johnson County, up about 6.4% and 5.1% a year respectively. Home prices are changing faster.
Median rent in Johnson County rose about 46.4% between 2015 and 2023, from $946 to $1,385. Over the same span, rent in Kansas rose about 35.9%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Johnson County.
Buying the median-priced home in Johnson County costs roughly 18.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Johnson County. The price-to-rent ratio in Kansas is about 8.5.
| Metric | Johnson County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $309,545 | $104,507 | $242,182 |
| Median Household Income | $107,381 | $72,682 | $78,145 |
| Price-to-Income Ratio | 2.9 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Johnson County rose about 67.1%, while median household income rose about 45.8% 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 | Johnson County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.8% | 60.4% | 58.2% |
| Rental Rate | 30.1% | 29.9% | 31.3% |
| Vacancy Rate | 4.1% | 9.7% | 10.6% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Johnson County has a homeownership rate of 65.8%, higher than the Kansas average of 60.4%. Its housing vacancy rate is 4.1%, compared with 9.7% in Kansas.
Housing Stock
| Metric | Johnson County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.48 people | 2.45 people | 2.54 people |
| Median Structure Built Year | 1983 | 1974 | 1978 |
| Median Number of Rooms | 6.6 | 6.0 | 5.5 |
The typical housing unit in Johnson County was built around 1983. On average, 2.5 people live in a home with about 6.6 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Johnson County, Kansas.
What is the median home price in Johnson County, Kansas?
The median home price in Johnson County, Kansas is $309,545, higher than the Kansas average of $104,507.
What is the average home price in Johnson 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 Johnson County, Kansas?
The median gross rent in Johnson County, Kansas is $1,385 per month, higher than the Kansas average of $1,029.
What was the median gross rent in Johnson County in 2020?
In 2020, the median gross rent in Johnson County, Kansas was $1,147 per month.
What is the price-to-rent ratio in Johnson County, Kansas?
The price-to-rent ratio in Johnson County, Kansas is about 18.6, meaning it would take roughly 18.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Johnson County.
Are home prices or rent rising faster in Johnson County, Kansas?
Both home prices and rent are rising in Johnson County, up about 6.4% and 5.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Johnson County, Kansas?
65.8% of households in Johnson County, Kansas own their home, higher than the Kansas average of 60.4%.
What is the vacancy rate in Johnson County, Kansas?
The housing vacancy rate in Johnson County, Kansas is 4.1%, lower than the Kansas average of 9.7%.