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 | Rawlins County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $7,142 | $104,507 | $242,182 |
| Price Trend (Annual %) | -12.8% | 5.0% | 8.2% |
| Median Gross Rent | $823 | $1,029 | $1,342 |
| Rent Trend (Annual %) | 5.9% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rawlins County is about 93% lower than in Kansas. Rent is about 20% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Rawlins County: home prices fell about 12.8% a year while rent rose about 5.9% a year. That is an unusual pattern worth watching.
Median rent in Rawlins County rose about 41.6% between 2015 and 2023, from $581 to $823. Over the same span, rent in Kansas rose about 35.9%.
Affordability
On average, housing unit costs 0.1 yearly household incomes in Rawlins County.
Buying the median-priced home in Rawlins County costs roughly 0.7 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 Rawlins County. The price-to-rent ratio in Kansas is about 8.5.
| Metric | Rawlins County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $7,142 | $104,507 | $242,182 |
| Median Household Income | $62,766 | $72,682 | $78,145 |
| Price-to-Income Ratio | 0.1 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Rawlins County fell about 84.1%, while median household income rose about 81.1% between 2009 and 2023 — 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 | Rawlins County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.7% | 60.4% | 58.2% |
| Rental Rate | 26.9% | 29.9% | 31.3% |
| Vacancy Rate | 14.5% | 9.7% | 10.6% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Rawlins County has a homeownership rate of 58.7%, lower than the Kansas average of 60.4%. Its housing vacancy rate is 14.5%, compared with 9.7% in Kansas.
Housing Stock
| Metric | Rawlins County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.14 people | 2.45 people | 2.54 people |
| Median Structure Built Year | 1952 | 1974 | 1978 |
| Median Number of Rooms | 6.1 | 6.0 | 5.5 |
The typical housing unit in Rawlins County was built around 1952. On average, 2.1 people live in a home with about 6.1 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Rawlins County, Kansas.
What is the median home price in Rawlins County, Kansas?
The median home price in Rawlins County, Kansas is $7,142, lower than the Kansas average of $104,507.
What is the average home price in Rawlins 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 Rawlins County, Kansas?
The median gross rent in Rawlins County, Kansas is $823 per month, lower than the Kansas average of $1,029.
What was the median gross rent in Rawlins County in 2020?
In 2020, the median gross rent in Rawlins County, Kansas was $557 per month.
What is the price-to-rent ratio in Rawlins County, Kansas?
The price-to-rent ratio in Rawlins County, Kansas is about 0.7, meaning it would take roughly 0.7 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 Rawlins County.
Are home prices or rent rising faster in Rawlins County, Kansas?
Home prices and rent are moving in opposite directions in Rawlins County: home prices fell about 12.8% a year while rent rose about 5.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Rawlins County, Kansas?
58.7% of households in Rawlins County, Kansas own their home, lower than the Kansas average of 60.4%.
What is the vacancy rate in Rawlins County, Kansas?
The housing vacancy rate in Rawlins County, Kansas is 14.5%, higher than the Kansas average of 9.7%.