Neosho County, Kansas Housing Market
In Neosho County, Kansas, the median home value is $111,300, with a median monthly rent of $681. This places Neosho County at #2777 nationally out of 3134 counties by median home value, and #66 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: $905
- Establishments: 424
- BLS QCEW, 2025
Housing Supply
- Single-family: 8
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,093 (avg $56,652)
- Outflow: 5,776 (avg $57,452)
- IRS Statistics of Income
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| Metric | Neosho County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $111,300 | $138,824 | $227,706 |
| Median Gross Rent | $681 | $802 | $968 |
| Owner Occupancy Rate | 77.2% | 74.2% | 73.3% |
| Price/Rent Ratio | 13.6 | 14.2 | 18.7 |
Market Analysis
The median home value in Neosho County is 19.8% below the Kansas state average and 51.1% below the U.S. national average. The median rent of $681/month is 15.1% below the state average.
With a price-to-rent ratio of 13.6, buying a home in Neosho 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.
Neosho County has an owner-occupancy rate of 77.2%, 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 |
|---|---|---|---|
| Twiggs County | Georgia | $111,300 | $808 |
| Wayne County | Iowa | $111,300 | $659 |
| Bee County | Texas | $111,300 | $1,065 |
| Hamilton County | Florida | $111,200 | $724 |
| Kingman County | Kansas | $111,100 | $846 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Kingman County | $111,100 | $846 | 66.3% |
| Grant County | $110,300 | $718 | 76.7% |
| Chase County | $109,700 | $825 | 73.3% |
| Bourbon County | $113,800 | $752 | 74.0% |
| Pratt County | $114,600 | $802 | 73.2% |
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).