Gove County, Kansas Housing Market
In Gove County, Kansas, the median home value is $118,400, with a median monthly rent of $705. This places Gove County at #2665 nationally out of 3134 counties by median home value, and #57 within Kansas.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $916
- Establishments: 132
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,117 (avg $72,591)
- Outflow: 1,071 (avg $73,759)
- IRS Statistics of Income
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| Metric | Gove County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $118,400 | $138,824 | $227,706 |
| Median Gross Rent | $705 | $802 | $968 |
| Owner Occupancy Rate | 79.4% | 74.2% | 73.3% |
| Price/Rent Ratio | 14.0 | 14.2 | 18.7 |
Market Analysis
The median home value in Gove County is 14.7% below the Kansas state average and 48.0% below the U.S. national average. The median rent of $705/month is 12.1% below the state average.
With a price-to-rent ratio of 14.0, buying a home in Gove 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.
Gove County has an owner-occupancy rate of 79.4%, 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 |
|---|---|---|---|
| Terrell County | Georgia | $118,400 | $745 |
| Washita County | Oklahoma | $118,400 | $815 |
| Jeff Davis County | Georgia | $118,300 | $650 |
| Caldwell County | Kentucky | $118,500 | $767 |
| Tazewell County | Virginia | $118,300 | $795 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Brown County | $118,100 | $646 | 76.3% |
| Logan County | $117,900 | $840 | 64.9% |
| Russell County | $119,000 | $805 | 75.1% |
| Washington County | $117,100 | $562 | 78.5% |
| Cowley County | $120,900 | $809 | 68.1% |
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).