Labette County, Kansas Housing Market Prices
Labette County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 36% below the Kansas median$66,547
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Median rent 30% below the Kansas median$745
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Labette County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $66,547 | $104,644 | $248,835 |
| Price Trend (Annual %) | 10.4% | 4.4% | 7.5% |
| Median Gross Rent | $745 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Labette County is about 36% lower than in Kansas. Rent is about 30% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Labette County, up about 10.4% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Labette County rose about 33.2% between 2015 and 2024, from $559 to $745. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Labette County.
Buying the median-priced home in Labette County costs roughly 7.4 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 Labette County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Labette County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $66,547 | $104,644 | $248,835 |
| Median Household Income | $57,467 | $74,287 | $80,455 |
| Price-to-Income Ratio | 1.2 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Labette County rose about 2.9%, while median household income rose about 42.1% between 2009 and 2025 — 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 | Labette County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.9% | 60.9% | 58.5% |
| Rental Rate | 22.1% | 29.8% | 31.2% |
| Vacancy Rate | 15.1% | 9.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Labette County has a homeownership rate of 62.9%, higher than the Kansas average of 60.9%. Its housing vacancy rate is 15.1%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Labette County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.37 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1963 | 1975 | 1978 |
| Median Number of Rooms | 5.8 | 6.0 | 5.5 |
The typical housing unit in Labette County was built around 1963. On average, 2.4 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
Labette County, KS Housing Compared With Nearby Counties
How Labette County, KS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Labette County, KS | 19,869 | $66,547 #2/3 | $745 #3/3 | 74.0% #1/3 |
| Craig County, OK | 14,302 | $73,125 | $810 | 73.7% |
| Montgomery County, KS | 30,940 | $31,389 | $761 | 72.9% |
Frequently Asked Questions
Common questions about the housing market in Labette County, Kansas.
What is the median home price in Labette County, Kansas?
The median home price in Labette County, Kansas is $66,547, lower than the Kansas average of $104,644.
What is the average home price in Labette County, Kansas?
The typical home price in Labette County, Kansas, reported as the median sale price, is $66,547. 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 Labette County, Kansas?
The median gross rent in Labette County, Kansas is $745 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Labette County in 2020?
In 2020, the median gross rent in Labette County, Kansas was $652 per month.
What is the price-to-rent ratio in Labette County, Kansas?
The price-to-rent ratio in Labette County, Kansas is about 7.4, meaning it would take roughly 7.4 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 Labette County.
Are home prices or rent rising faster in Labette County, Kansas?
Both home prices and rent are rising in Labette County, up about 10.4% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Labette County, Kansas?
62.9% of households in Labette County, Kansas own their home, higher than the Kansas average of 60.9%.
What is the vacancy rate in Labette County, Kansas?
The housing vacancy rate in Labette County, Kansas is 15.1%, higher than the Kansas average of 9.2%.
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