Morton County, Kansas Housing Market Prices
Morton 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 64% below the Kansas median Cheaper than 76% of counties in Kansas$37,499
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Median rent 40% below the Kansas median Cheaper than 90% of counties in Kansas$631
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Morton County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $37,499 | $104,644 | $248,835 |
| Price Trend (Annual %) | -0.4% | 4.4% | 7.5% |
| Median Gross Rent | $631 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 1.5% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Morton County is about 64% lower than in Kansas. Rent is about 40% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Morton County: home prices fell about 0.4% a year while rent rose about 1.5% a year. That is an unusual pattern worth watching.
Median rent in Morton County rose about 5.5% between 2015 and 2024, from $598 to $631. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 0.6 yearly household incomes in Morton County.
Buying the median-priced home in Morton County costs roughly 5.0 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 Morton County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Morton County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $37,499 | $104,644 | $248,835 |
| Median Household Income | $62,903 | $74,287 | $80,455 |
| Price-to-Income Ratio | 0.6 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Morton County fell about 31.4%, while median household income rose about 32.3% 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 | Morton County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.4% | 60.9% | 58.5% |
| Rental Rate | 10.8% | 29.8% | 31.2% |
| Vacancy Rate | 25.8% | 9.2% | 10.2% |
| Median Tenure (years) | 20.0 | 14.0 | 15.0 |
| Median Year Moved In | 2006 | 2012 | 2011 |
Morton County has a homeownership rate of 63.4%, higher than the Kansas average of 60.9%. Its housing vacancy rate is 25.8%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Morton County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.62 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1968 | 1975 | 1978 |
| Median Number of Rooms | 5.6 | 6.0 | 5.5 |
The typical housing unit in Morton County was built around 1968. On average, 2.6 people live in a home with about 5.6 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Morton County, Kansas.
What is the median home price in Morton County, Kansas?
The median home price in Morton County, Kansas is $37,499, lower than the Kansas average of $104,644.
What is the average home price in Morton County, Kansas?
The typical home price in Morton County, Kansas, reported as the median sale price, is $37,499. 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 Morton County, Kansas?
The median gross rent in Morton County, Kansas is $631 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Morton County in 2020?
In 2020, the median gross rent in Morton County, Kansas was $603 per month.
What is the price-to-rent ratio in Morton County, Kansas?
The price-to-rent ratio in Morton County, Kansas is about 5.0, meaning it would take roughly 5.0 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 Morton County.
Are home prices or rent rising faster in Morton County, Kansas?
Home prices and rent are moving in opposite directions in Morton County: home prices fell about 0.4% a year while rent rose about 1.5% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Morton County, Kansas?
63.4% of households in Morton County, Kansas own their home, higher than the Kansas average of 60.9%.
What is the vacancy rate in Morton County, Kansas?
The housing vacancy rate in Morton County, Kansas is 25.8%, higher than the Kansas average of 9.2%.
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