Morton County, Kansas Housing Market
In Morton County, Kansas, the median home value is $96,100, with a median monthly rent of $632. This places Morton County at #2972 nationally out of 3134 counties by median home value, and #84 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: $961
- Establishments: 70
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 983 (avg $62,705)
- Outflow: 960 (avg $62,919)
- IRS Statistics of Income
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| Metric | Morton County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $96,100 | $138,824 | $227,706 |
| Median Gross Rent | $632 | $802 | $968 |
| Owner Occupancy Rate | 85.4% | 74.2% | 73.3% |
| Price/Rent Ratio | 12.7 | 14.2 | 18.7 |
Market Analysis
The median home value in Morton County is 30.8% below the Kansas state average and 57.8% below the U.S. national average. The median rent of $632/month is 21.2% below the state average.
With a price-to-rent ratio of 12.7, buying a home in Morton 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.
Morton County has an owner-occupancy rate of 85.4%, 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 |
|---|---|---|---|
| Kiowa County | Oklahoma | $96,100 | $780 |
| Lewis County | Kentucky | $96,000 | $751 |
| Madison Parish | Louisiana | $96,200 | $649 |
| Nolan County | Texas | $96,300 | $913 |
| Prairie County | Arkansas | $96,400 | $625 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Phillips County | $96,500 | $672 | 78.0% |
| Lincoln County | $96,900 | $634 | 80.4% |
| Barber County | $97,000 | $830 | 81.0% |
| Stafford County | $97,600 | $710 | 82.3% |
| Labette County | $94,600 | $746 | 74.0% |
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).