Pratt County, Kansas Housing Market

In Pratt County, Kansas, the median home value is $114,600, with a median monthly rent of $802. This places Pratt County at #2726 nationally out of 3134 counties by median home value, and #64 within Kansas.

Median Home Value $114,600
Median Rent $802/mo
Owner Occupancy 73.2%
Price/Rent Ratio 11.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Pratt County fell -0.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,566
jobs (private sector)
  • Avg weekly wage: $985
  • Establishments: 359
  • BLS QCEW, 2025
🚚

Migration Patterns

+246
net migration (filers, 2021-2022)
  • Inflow: 3,586 (avg $74,665)
  • Outflow: 3,340 (avg $76,840)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Pratt County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 67124 203.3 +0.45% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Pratt County Compares

MetricPratt CountyKansas AverageU.S. Average
Median Home Value $114,600 $138,824 $227,706
Median Gross Rent $802 $802 $968
Owner Occupancy Rate 73.2% 74.2% 73.3%
Price/Rent Ratio 11.9 14.2 18.7

Market Analysis

The median home value in Pratt County is 17.4% below the Kansas state average and 49.7% below the U.S. national average. The median rent of $802/month is about equal to the state average.

With a price-to-rent ratio of 11.9, buying a home in Pratt 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.

Pratt County has an owner-occupancy rate of 73.2%, 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

CountyStateMedian Home ValueMedian Rent
Taylor County Florida $114,600 $988
Van Buren County Iowa $114,600 $622
Thurston County Nebraska $114,600 $699
Perkins County South Dakota $114,600 $738
Carroll County Illinois $114,500 $818

Other Counties in Kansas

CountyMedian Home ValueMedian RentOwner Occ.
Ellsworth County $114,900 $708 80.2%
Greeley County $115,200 $794 75.0%
Bourbon County $113,800 $752 74.0%
Hamilton County $115,800 $909 77.1%
Washington County $117,100 $562 78.5%

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).