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 | Wyandotte County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $158,340 | $104,507 | $242,182 |
| Price Trend (Annual %) | 24.1% | 5.0% | 8.2% |
| Median Gross Rent | $1,069 | $1,029 | $1,342 |
| Rent Trend (Annual %) | 4.3% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wyandotte County is about 52% higher than in Kansas. Rent is about 4% higher 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 Wyandotte County, up about 24.1% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Wyandotte County rose about 37.7% between 2015 and 2023, from $777 to $1,069. Over the same span, rent in Kansas rose about 35.9%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Wyandotte County.
Buying the median-priced home in Wyandotte County costs roughly 12.3 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 Wyandotte County. The price-to-rent ratio in Kansas is about 8.5.
| Metric | Wyandotte County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $158,340 | $104,507 | $242,182 |
| Median Household Income | $60,762 | $72,682 | $78,145 |
| Price-to-Income Ratio | 2.6 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Wyandotte County rose about 269.0%, while median household income rose about 59.7% between 2009 and 2023 — 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 | Wyandotte County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.8% | 60.4% | 58.2% |
| Rental Rate | 34.5% | 29.9% | 31.3% |
| Vacancy Rate | 10.7% | 9.7% | 10.6% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Wyandotte County has a homeownership rate of 54.8%, lower than the Kansas average of 60.4%. Its housing vacancy rate is 10.7%, compared with 9.7% in Kansas.
Housing Stock
| Metric | Wyandotte County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.69 people | 2.45 people | 2.54 people |
| Median Structure Built Year | 1971 | 1974 | 1978 |
| Median Number of Rooms | 5.4 | 6.0 | 5.5 |
The typical housing unit in Wyandotte County was built around 1971. On average, 2.7 people live in a home with about 5.4 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Wyandotte County, Kansas.
What is the median home price in Wyandotte County, Kansas?
The median home price in Wyandotte County, Kansas is $158,340, higher than the Kansas average of $104,507.
What is the average home price in Wyandotte 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 Wyandotte County, Kansas?
The median gross rent in Wyandotte County, Kansas is $1,069 per month, higher than the Kansas average of $1,029.
What was the median gross rent in Wyandotte County in 2020?
In 2020, the median gross rent in Wyandotte County, Kansas was $883 per month.
What is the price-to-rent ratio in Wyandotte County, Kansas?
The price-to-rent ratio in Wyandotte County, Kansas is about 12.3, meaning it would take roughly 12.3 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 Wyandotte County.
Are home prices or rent rising faster in Wyandotte County, Kansas?
Both home prices and rent are rising in Wyandotte County, up about 24.1% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wyandotte County, Kansas?
54.8% of households in Wyandotte County, Kansas own their home, lower than the Kansas average of 60.4%.
What is the vacancy rate in Wyandotte County, Kansas?
The housing vacancy rate in Wyandotte County, Kansas is 10.7%, higher than the Kansas average of 9.7%.