Salina, Kansas Housing Market Prices
Salina 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 71% above the Kansas median$179,167
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Median rent 10% below the Kansas median$952
Housing Market Overview
| Metric | Salina | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $179,167 | $104,644 | $248,835 |
| Price Trend (Annual %) | 25.3% | 4.4% | 7.5% |
| Median Gross Rent | $952 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Salina is about 71% higher than in Kansas. Rent is about 10% 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 Salina, up about 25.3% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Salina rose about 37.6% between 2015 and 2024, from $692 to $952. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Salina.
Buying the median-priced home in Salina costs roughly 15.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Salina. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Salina | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $179,167 | $104,644 | $248,835 |
| Median Household Income | $62,567 | $74,287 | $80,455 |
| Price-to-Income Ratio | 2.9 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Salina rose about 227.0%, while median household income rose about 46.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Salina | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.7% | 60.9% | 58.5% |
| Rental Rate | 33.0% | 29.8% | 31.2% |
| Vacancy Rate | 6.3% | 9.2% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Salina has a homeownership rate of 60.7%, about the same as the Kansas average of 60.9%. Its housing vacancy rate is 6.3%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Salina | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1963 | 1975 | 1978 |
| Median Number of Rooms | 5.8 | 6.0 | 5.5 |
The typical housing unit in Salina was built around 1963. On average, 2.3 people live in a home with about 5.8 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Salina, Kansas.
What is the median home price in Salina, Kansas?
The median home price in Salina, Kansas is $179,167, higher than the Kansas average of $104,644.
What is the average home price in Salina, Kansas?
The typical home price in Salina, Kansas, reported as the median sale price, is $179,167. 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 Salina, Kansas?
The median gross rent in Salina, Kansas is $952 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Salina in 2020?
In 2020, the median gross rent in Salina, Kansas was $770 per month.
What is the price-to-rent ratio in Salina, Kansas?
The price-to-rent ratio in Salina, Kansas is about 15.7, meaning it would take roughly 15.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Salina.
Are home prices or rent rising faster in Salina, Kansas?
Both home prices and rent are rising in Salina, up about 25.3% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Salina, Kansas?
60.7% of households in Salina, Kansas own their home, about the same as the Kansas average.
What is the vacancy rate in Salina, Kansas?
The housing vacancy rate in Salina, Kansas is 6.3%, lower than the Kansas average of 9.2%.
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