Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$153,125
$620

Housing Market Overview

Metric Phillips County Kansas Avg US Average
Median Home Price $153,125 $104,507 $242,182
Price Trend (Annual %) 7.5% 5.0% 8.2%
Median Gross Rent $620 $1,029 $1,342
Rent Trend (Annual %) 2.7% 4.2% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Phillips County
Kansas
United States
Year Phillips County Kansas United States
Median Rent Over Time
Phillips County
Kansas
United States
Year Phillips County Kansas United States

Affordability

On average, housing unit costs 2.5 yearly household incomes in Phillips County.

Metric Phillips County Kansas Avg US Average
Median Home Price $153,125 $104,507 $242,182
Median Household Income $62,165 $72,682 $78,145
Price-to-Income Ratio 2.5 1.4 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Phillips County Kansas Avg US Average
Homeownership Rate 58.5% 60.4% 58.2%
Rental Rate 19.6% 29.9% 31.3%
Vacancy Rate 22.0% 9.7% 10.6%
Median Tenure (years) 17.0 14.0 15.0
Median Year Moved In 2009 2012 2011

Housing Stock

Metric Phillips County Kansas Avg US Average
Average Household Size 2.20 people 2.45 people 2.54 people
Median Structure Built Year 1955 1974 1978
Median Number of Rooms 6.2 6.0 5.5