Bourbon County, Kansas Housing Market
In Bourbon County, Kansas, the median home value is $113,800, with a median monthly rent of $752. This places Bourbon County at #2743 nationally out of 3134 counties by median home value, and #65 within Kansas.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $901
- Establishments: 358
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 6
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,463 (avg $52,765)
- Outflow: 5,069 (avg $52,965)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Bourbon County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 66701 | 213.4 | +8.41% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Bourbon County Compares
| Metric | Bourbon County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $113,800 | $138,824 | $227,706 |
| Median Gross Rent | $752 | $802 | $968 |
| Owner Occupancy Rate | 74.0% | 74.2% | 73.3% |
| Price/Rent Ratio | 12.6 | 14.2 | 18.7 |
Market Analysis
The median home value in Bourbon County is 18.0% below the Kansas state average and 50.0% below the U.S. national average. The median rent of $752/month is 6.2% below the state average.
With a price-to-rent ratio of 12.6, buying a home in Bourbon County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Bourbon County has an owner-occupancy rate of 74.0%, compared to 74.2% in Kansas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Fulton County | Arkansas | $113,800 | $626 |
| Hancock County | Illinois | $113,800 | $782 |
| Scurry County | Texas | $113,800 | $1,020 |
| Hamilton County | Illinois | $113,700 | $568 |
| Decatur County | Iowa | $113,900 | $611 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pratt County | $114,600 | $802 | 73.2% |
| Ellsworth County | $114,900 | $708 | 80.2% |
| Greeley County | $115,200 | $794 | 75.0% |
| Hamilton County | $115,800 | $909 | 77.1% |
| Neosho County | $111,300 | $681 | 77.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).