Thomas County, Kansas Housing Market
In Thomas County, Kansas, the median home value is $172,700, with a median monthly rent of $752. This places Thomas County at #1748 nationally out of 3134 counties by median home value, and #23 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: $1,006
- Establishments: 358
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,089 (avg $73,721)
- Outflow: 2,906 (avg $75,619)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Thomas County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Thomas County →How Thomas County Compares
| Metric | Thomas County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $172,700 | $138,824 | $227,706 |
| Median Gross Rent | $752 | $802 | $968 |
| Owner Occupancy Rate | 75.2% | 74.2% | 73.3% |
| Price/Rent Ratio | 19.1 | 14.2 | 18.7 |
Market Analysis
The median home value in Thomas County is 24.4% above the Kansas state average and 24.2% below the U.S. national average. The median rent of $752/month is 6.2% below the state average.
With a price-to-rent ratio of 19.1, the buy-vs-rent decision in Thomas County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Thomas County has an owner-occupancy rate of 75.2%, 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 |
|---|---|---|---|
| Putnam County | Illinois | $172,700 | $851 |
| Geary County | Kansas | $172,700 | $1,104 |
| Houston County | Tennessee | $172,700 | $735 |
| Iberville Parish | Louisiana | $172,800 | $827 |
| Crawford County | Missouri | $172,600 | $795 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Geary County | $172,700 | $1,104 | 43.5% |
| Wyandotte County | $172,300 | $1,122 | 62.0% |
| Linn County | $173,600 | $691 | 81.1% |
| Anderson County | $171,400 | $853 | 78.9% |
| Wabaunsee County | $177,300 | $780 | 81.1% |
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).