Greenwood County, Kansas Housing Market
In Greenwood County, Kansas, the median home value is $88,700, with a median monthly rent of $715. This places Greenwood County at #3030 nationally out of 3134 counties by median home value, and #93 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: $872
- Establishments: 160
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,380 (avg $57,689)
- Outflow: 2,203 (avg $58,423)
- IRS Statistics of Income
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| Metric | Greenwood County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $88,700 | $138,824 | $227,706 |
| Median Gross Rent | $715 | $802 | $968 |
| Owner Occupancy Rate | 80.5% | 74.2% | 73.3% |
| Price/Rent Ratio | 10.3 | 14.2 | 18.7 |
Market Analysis
The median home value in Greenwood County is 36.1% below the Kansas state average and 61.0% below the U.S. national average. The median rent of $715/month is 10.8% below the state average.
With a price-to-rent ratio of 10.3, buying a home in Greenwood 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.
Greenwood County has an owner-occupancy rate of 80.5%, 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 |
|---|---|---|---|
| Monroe County | Arkansas | $88,700 | $614 |
| Hancock County | Georgia | $88,600 | $938 |
| Cameron County | Pennsylvania | $88,900 | $689 |
| Franklin County | Illinois | $89,000 | $803 |
| Rooks County | Kansas | $89,000 | $676 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Rooks County | $89,000 | $676 | 74.3% |
| Decatur County | $89,500 | $676 | 77.7% |
| Ness County | $89,700 | $538 | 81.6% |
| Clark County | $87,600 | $789 | 73.6% |
| Graham County | $89,900 | $734 | 78.8% |
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).