Mitchell County, Kansas Housing Market
In Mitchell County, Kansas, the median home value is $133,800, with a median monthly rent of $604. This places Mitchell County at #2452 nationally out of 3134 counties by median home value, and #44 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: $978
- Establishments: 224
- BLS QCEW, 2025
Housing Supply
- Single-family: 9
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,452 (avg $69,960)
- Outflow: 2,362 (avg $71,030)
- IRS Statistics of Income
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| Metric | Mitchell County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $133,800 | $138,824 | $227,706 |
| Median Gross Rent | $604 | $802 | $968 |
| Owner Occupancy Rate | 69.0% | 74.2% | 73.3% |
| Price/Rent Ratio | 18.5 | 14.2 | 18.7 |
Market Analysis
The median home value in Mitchell County is 3.6% below the Kansas state average and 41.2% below the U.S. national average. The median rent of $604/month is 24.7% below the state average.
With a price-to-rent ratio of 18.5, the buy-vs-rent decision in Mitchell County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Mitchell County has an owner-occupancy rate of 69.0%, compared to 74.2% in Kansas and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Cass County | Indiana | $133,800 | $783 |
| Clare County | Michigan | $133,800 | $765 |
| Lake County | Michigan | $133,900 | $875 |
| Moultrie County | Illinois | $134,000 | $804 |
| Greenup County | Kentucky | $134,000 | $860 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Crawford County | $132,600 | $849 | 60.8% |
| Sumner County | $135,100 | $825 | 75.1% |
| Reno County | $132,500 | $863 | 69.2% |
| Doniphan County | $135,200 | $776 | 81.1% |
| Seward County | $136,500 | $905 | 61.8% |
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).