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 | Rooks County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $38,976 | $104,507 | $242,182 |
| Price Trend (Annual %) | -11.3% | 5.0% | 8.2% |
| Median Gross Rent | $678 | $1,029 | $1,342 |
| Rent Trend (Annual %) | 3.2% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rooks County is about 63% lower than in Kansas. Rent is about 34% 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 Rooks County: home prices fell about 11.3% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
Median rent in Rooks County rose about 29.3% between 2015 and 2023, from $524 to $678. Over the same span, rent in Kansas rose about 35.9%.
Affordability
On average, housing unit costs 0.6 yearly household incomes in Rooks County.
Buying the median-priced home in Rooks County costs roughly 4.8 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 Rooks County. The price-to-rent ratio in Kansas is about 8.5.
| Metric | Rooks County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $38,976 | $104,507 | $242,182 |
| Median Household Income | $64,274 | $72,682 | $78,145 |
| Price-to-Income Ratio | 0.6 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Rooks County fell about 12.2%, while median household income rose about 66.6% 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 | Rooks County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.2% | 60.4% | 58.2% |
| Rental Rate | 20.8% | 29.9% | 31.3% |
| Vacancy Rate | 19.0% | 9.7% | 10.6% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Rooks County has a homeownership rate of 60.2%, about the same as the Kansas average of 60.4%. Its housing vacancy rate is 19.0%, compared with 9.7% in Kansas.
Housing Stock
| Metric | Rooks County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.16 people | 2.45 people | 2.54 people |
| Median Structure Built Year | 1953 | 1974 | 1978 |
| Median Number of Rooms | 6.0 | 6.0 | 5.5 |
The typical housing unit in Rooks County was built around 1953. On average, 2.2 people live in a home with about 6.0 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Rooks County, Kansas.
What is the median home price in Rooks County, Kansas?
The median home price in Rooks County, Kansas is $38,976, lower than the Kansas average of $104,507.
What is the average home price in Rooks 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 Rooks County, Kansas?
The median gross rent in Rooks County, Kansas is $678 per month, lower than the Kansas average of $1,029.
What was the median gross rent in Rooks County in 2020?
In 2020, the median gross rent in Rooks County, Kansas was $584 per month.
What is the price-to-rent ratio in Rooks County, Kansas?
The price-to-rent ratio in Rooks County, Kansas is about 4.8, meaning it would take roughly 4.8 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 Rooks County.
Are home prices or rent rising faster in Rooks County, Kansas?
Home prices and rent are moving in opposite directions in Rooks County: home prices fell about 11.3% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Rooks County, Kansas?
60.2% of households in Rooks County, Kansas own their home, about the same as the Kansas average.
What is the vacancy rate in Rooks County, Kansas?
The housing vacancy rate in Rooks County, Kansas is 19.0%, higher than the Kansas average of 9.7%.