Dodge City, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Dodge City Neighborhoods Since 2000




Dodge City, KS Real Estate Data

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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Dodge City Housing Market Information

With 27,912 people, 8,791 houses or apartments, and a median cost of homes of $123,182, 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 61.61% 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 ( 12.59%), mobile homes or trailers ( 11.85%), and a few large apartment complexes or high rise apartments ( 10.09%).

People in Dodge City primarily live in small (one, two or no bedroom) single-family detached homes. Dodge City has a mixture of owner-occupied and renter-occupied housing.

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 ( 27.19%). A lesser amount of the housing stock also hails from before 1939 ( 18.51%). There's also some housing in Dodge City built between 2000 and later ( 6.71%).

Dodge City Home Appreciation Rates

In the last 10 years, Dodge City has experienced some of the highest home appreciation rates of any community in the nation. Dodge City real estate appreciated 22.63% over the last ten years, which is an average annual home appreciation rate of 2.06%, putting Dodge City in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dodge City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Dodge City's appreciation rate, at 3.98%, has been at or slightly above the national average. In the latest quarter, Dodge City's appreciation rate has been 1.04%, which annualizes to a rate of 4.23%.

Relative to Kansas, our data show that Dodge City's latest annual appreciation rate is lower 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:
$123,182

Dodge City, KS HOME PRICES

Value Range
> $1,091,000 0.1
$819,001 - $1,091,000 0.0
$546,001 - $819,000 0.5
$437,001 - $546,000 0.5
$327,001 - $437,000 0.8
$218,001 - $327,000 4.7
$109,001 - $218,000 39.0
$55,001 - $109,000 33.9
$0 - $55,000 20.5

High for KS
Low for Nation

Value Relative to Nation Value Relative to State
63.6938942927458 36.5248226950355

Number Of Homes And Apartments:
8,791

Dodge City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
36.22% 1.81% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$826 / per month

Homeownership Rate

Homeownership
Owners 56.19
Renters 43.81
Vacant 6.41

Housing Market Details

 

Age of Homes

AGE OF Dodge City HOMES
2000 or Newer 6.7
1970 - 1999 47.6
1940 - 1969 27.2
1939 or Older 18.5

Types of Homes

TYPE OF Dodge City HOMES
Single-Family 61.6
Townhomes 3.9
Small Apt. Buildings 12.6
Apt. Complexes 10.1
Mobile Homes 11.8
Other 0.0

Home Size

SIZE OF Dodge City HOMES
No Bedroom 3.04
1 Bedroom 11.20
2 Bedrooms 33.74
3 Bedrooms 30.63
4 Bedrooms 14.24
5 or more bedrooms 7.14

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Zip Codes in Dodge City, KS