Sheridan County, Kansas Housing Market
In Sheridan County, Kansas, the median home value is $167,200, with a median monthly rent of $689. This places Sheridan County at #1858 nationally out of 3134 counties by median home value, and #27 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: $1,118
- Establishments: 101
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,047 (avg $77,795)
- Outflow: 1,008 (avg $77,986)
- IRS Statistics of Income
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| Metric | Sheridan County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $167,200 | $138,824 | $227,706 |
| Median Gross Rent | $689 | $802 | $968 |
| Owner Occupancy Rate | 76.8% | 74.2% | 73.3% |
| Price/Rent Ratio | 20.2 | 14.2 | 18.7 |
Market Analysis
The median home value in Sheridan County is 20.4% above the Kansas state average and 26.6% below the U.S. national average. The median rent of $689/month is 14.1% below the state average.
With a price-to-rent ratio of 20.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Sheridan County has an owner-occupancy rate of 76.8%, 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 |
|---|---|---|---|
| Colfax County | New Mexico | $167,200 | $729 |
| Etowah County | Alabama | $167,100 | $847 |
| Catron County | New Mexico | $167,000 | $736 |
| Tazewell County | Illinois | $167,500 | $909 |
| Pulaski County | Kentucky | $166,900 | $803 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Ottawa County | $166,000 | $809 | 77.2% |
| Haskell County | $165,100 | $830 | 76.3% |
| Anderson County | $171,400 | $853 | 78.9% |
| Wyandotte County | $172,300 | $1,122 | 62.0% |
| Thomas County | $172,700 | $752 | 75.2% |
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).