Neosho County, Kansas Housing Market Prices
Neosho 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 28% below the Kansas median$75,367
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Median rent 36% below the Kansas median Cheaper than 82% of counties in Kansas$681
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Neosho County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $75,367 | $104,644 | $248,835 |
| Price Trend (Annual %) | 2.7% | 4.4% | 7.5% |
| Median Gross Rent | $681 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 1.8% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Neosho County is about 28% lower than in Kansas. Rent is about 36% 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 Neosho County, up about 2.7% and 1.8% a year respectively. Home prices are changing faster.
Median rent in Neosho County rose about 15.8% between 2015 and 2024, from $588 to $681. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 1.3 yearly household incomes in Neosho County.
Buying the median-priced home in Neosho County costs roughly 9.2 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 Neosho County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Neosho County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $75,367 | $104,644 | $248,835 |
| Median Household Income | $57,630 | $74,287 | $80,455 |
| Price-to-Income Ratio | 1.3 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Neosho County rose about 13.0%, while median household income rose about 50.0% 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 | Neosho County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.1% | 60.9% | 58.5% |
| Rental Rate | 20.4% | 29.8% | 31.2% |
| Vacancy Rate | 10.5% | 9.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Neosho County has a homeownership rate of 69.1%, higher than the Kansas average of 60.9%. Its housing vacancy rate is 10.5%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Neosho County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1962 | 1975 | 1978 |
| Median Number of Rooms | 5.9 | 6.0 | 5.5 |
The typical housing unit in Neosho County was built around 1962. On average, 2.4 people live in a home with about 5.9 rooms, staying for about 16.0 years on average.
Neosho County, KS Housing Compared With Nearby Counties
Neosho County, KS is the 3rd largest of the 4 counties compared here, 15,656 residents against a local median of 19,869. Nothing separates Neosho County, KS sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median home price, 13% above the local median at $75,367 against $66,547. Neosho County, KS has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Neosho County, KS | 15,656 | $75,367 #2/4 | $681 #4/4 | 77.2% #1/4 |
| Allen County, KS | 12,483 | $110,892 | $719 | 75.4% |
| Labette County, KS | 19,869 | $66,547 | $745 | 74.0% |
| Crawford County, KS | 39,008 | $10,543 | $849 | 60.8% |
Frequently Asked Questions
Common questions about the housing market in Neosho County, Kansas.
What is the median home price in Neosho County, Kansas?
The median home price in Neosho County, Kansas is $75,367, lower than the Kansas average of $104,644.
What is the average home price in Neosho County, Kansas?
The typical home price in Neosho County, Kansas, reported as the median sale price, is $75,367. 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 Neosho County, Kansas?
The median gross rent in Neosho County, Kansas is $681 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Neosho County in 2020?
In 2020, the median gross rent in Neosho County, Kansas was $599 per month.
What is the price-to-rent ratio in Neosho County, Kansas?
The price-to-rent ratio in Neosho County, Kansas is about 9.2, meaning it would take roughly 9.2 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 Neosho County.
Are home prices or rent rising faster in Neosho County, Kansas?
Both home prices and rent are rising in Neosho County, up about 2.7% and 1.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Neosho County, Kansas?
69.1% of households in Neosho County, Kansas own their home, higher than the Kansas average of 60.9%.
What is the vacancy rate in Neosho County, Kansas?
The housing vacancy rate in Neosho County, Kansas is 10.5%, higher than the Kansas average of 9.2%.
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