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 | Rush County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $27,812 | $104,507 | $242,182 |
| Price Trend (Annual %) | 12.0% | 5.0% | 8.2% |
| Median Gross Rent | $699 | $1,029 | $1,342 |
| Rent Trend (Annual %) | 3.6% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rush County is about 73% lower than in Kansas. Rent is about 32% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Rush County, up about 12.0% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Rush County rose about 30.0% between 2015 and 2023, from $538 to $699. Over the same span, rent in Kansas rose about 35.9%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Rush County.
Buying the median-priced home in Rush County costs roughly 3.3 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 Rush County. The price-to-rent ratio in Kansas is about 8.5.
| Metric | Rush County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $27,812 | $104,507 | $242,182 |
| Median Household Income | $60,203 | $72,682 | $78,145 |
| Price-to-Income Ratio | 0.5 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Rush County rose about 32.4%, while median household income rose about 59.8% 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 | Rush County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.7% | 60.4% | 58.2% |
| Rental Rate | 16.6% | 29.9% | 31.3% |
| Vacancy Rate | 18.8% | 9.7% | 10.6% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Rush County has a homeownership rate of 64.7%, higher than the Kansas average of 60.4%. Its housing vacancy rate is 18.8%, compared with 9.7% in Kansas.
Housing Stock
| Metric | Rush County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.08 people | 2.45 people | 2.54 people |
| Median Structure Built Year | 1951 | 1974 | 1978 |
| Median Number of Rooms | 6.3 | 6.0 | 5.5 |
The typical housing unit in Rush County was built around 1951. On average, 2.1 people live in a home with about 6.3 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Rush County, Kansas.
What is the median home price in Rush County, Kansas?
The median home price in Rush County, Kansas is $27,812, lower than the Kansas average of $104,507.
What is the average home price in Rush 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 Rush County, Kansas?
The median gross rent in Rush County, Kansas is $699 per month, lower than the Kansas average of $1,029.
What was the median gross rent in Rush County in 2020?
In 2020, the median gross rent in Rush County, Kansas was $610 per month.
What is the price-to-rent ratio in Rush County, Kansas?
The price-to-rent ratio in Rush County, Kansas is about 3.3, meaning it would take roughly 3.3 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 Rush County.
Are home prices or rent rising faster in Rush County, Kansas?
Both home prices and rent are rising in Rush County, up about 12.0% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Rush County, Kansas?
64.7% of households in Rush County, Kansas own their home, higher than the Kansas average of 60.4%.
What is the vacancy rate in Rush County, Kansas?
The housing vacancy rate in Rush County, Kansas is 18.8%, higher than the Kansas average of 9.7%.