Phillips County, Kansas Housing Market
In Phillips County, Kansas, the median home value is $96,500, with a median monthly rent of $672. This places Phillips County at #2964 nationally out of 3134 counties by median home value, and #83 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: $1,029
- Establishments: 192
- BLS QCEW, 2025
Migration Patterns
- Inflow: 2,161 (avg $70,936)
- Outflow: 2,055 (avg $72,296)
- IRS Statistics of Income
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| Metric | Phillips County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $96,500 | $138,824 | $227,706 |
| Median Gross Rent | $672 | $802 | $968 |
| Owner Occupancy Rate | 78.0% | 74.2% | 73.3% |
| Price/Rent Ratio | 12.0 | 14.2 | 18.7 |
Market Analysis
The median home value in Phillips County is 30.5% below the Kansas state average and 57.6% below the U.S. national average. The median rent of $672/month is 16.2% below the state average.
With a price-to-rent ratio of 12.0, buying a home in Phillips 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.
Phillips County has an owner-occupancy rate of 78.0%, 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 |
|---|---|---|---|
| Nuckolls County | Nebraska | $96,500 | $585 |
| Jones County | Texas | $96,500 | $866 |
| Prairie County | Arkansas | $96,400 | $625 |
| Scott County | Illinois | $96,400 | $689 |
| Worth County | Missouri | $96,600 | $381 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lincoln County | $96,900 | $634 | 80.4% |
| Morton County | $96,100 | $632 | 85.4% |
| 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).