Dodge City, KS Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Dodge City, KS Housing Market Trends

With 27,788 people, 8,615 houses or apartments, and a median cost of homes of $138,972, house prices in Dodge City are solidly below the national average.

Single-family detached homes are the single most common housing type in Dodge City, accounting for 65.71% of the city's housing units. Other types of housing that are prevalent in Dodge City include duplexes, homes converted to apartments or other small apartment buildings ( 11.99%), large apartment complexes or high rise apartments ( 8.94%), and a few mobile homes or trailers ( 8.92%).

The most prevalent building size and type in Dodge City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.88% owning and 42.12% renting.

There is a lot of housing in Dodge City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Dodge City built between 1940-1969 ( 37.32%). A lesser amount of the housing stock also hails from before 1939 ( 12.56%). There's also some housing in Dodge City built between 2000 and later ( 7.94%).

Dodge City Home Appreciation Rates

Dodge City's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dodge City during the period has been just 3.71%, which is lower than 70% of US communities.

Over the last year, Dodge City appreciation rates have trailed the rest of the nation. In the last twelve months, Dodge City's appreciation rate has been 12.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dodge City were at 0.83%, which equates to an annual appreciation rate of 3.35%.

Notably, Dodge City's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Kansas, our data show that Dodge City's latest annual appreciation rate is higher than 50% of the other cities and towns in Kansas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Dodge City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dodge City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Dodge City real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$138,972

Dodge City, KS HOME PRICES

> $1,210,000
$907,001 - $1,210,000
$605,001 - $907,000
$484,001 - $605,000
$363,001 - $484,000
$242,001 - $363,000
$121,001 - $242,000
$61,001 - $121,000
$0 - $61,000
0.0%
0.0%
0.9%
0.9%
1.0%
1.0%
0.9%
0.9%
4.1%
4.1%
13.2%
13.2%
36.4%
36.4%
26.8%
26.8%
16.6%
16.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Average for KS

Value Relative To Nation

Number Of Homes And Apartments:
8,615

Dodge City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
76.45% 2.59%
3
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,125 / per month

Homeownership Rate

Owners
Renters
Vacant
57.9%
57.9%
42.1%
42.1%
6.3%
6.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.9%
7.9%
42.2%
42.2%
37.3%
37.3%
12.6%
12.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.7%
65.7%
4.4%
4.4%
12.0%
12.0%
8.9%
8.9%
8.9%
8.9%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.6%
0.6%
9.3%
9.3%
30.7%
30.7%
42.9%
42.9%
10.3%
10.3%
6.2%
6.2%
0.0% 100.0%
% OF HOMES

Popular Communities Near Dodge City, KS

Zip Codes in Dodge City, KS