Gardner, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Gardner Neighborhoods Since 2000




Gardner, 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

Gardner Housing Market Information

With 20,868 people, 6,966 houses or apartments, and a median cost of homes of $198,524, Gardner real estate is some of the most expensive in Kansas, although Gardner home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Gardner, accounting for 63.27% of the city's housing units. Other types of housing that are prevalent in Gardner include row houses and other attached homes ( 16.38%), large apartment complexes or high rise apartments ( 11.64%), and a few mobile homes or trailers ( 5.80%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gardner. Owner-occupied housing accounts for 68.04% of Gardner's homes, and 74.75% have either three or four bedrooms, which is average sized relative to America.

Gardner homes and real estate are some of the newest in America. 50.48% of Gardner's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Gardner real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.70%), and between 1940-1969 ( 8.78%). There's also some housing in Gardner built before 1939 ( 4.03%).

Gardner Home Appreciation Rates

Appreciation rates for homes in Gardner have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.81%, which ranks in the top 40% nationwide. This equates to an annual average Gardner house appreciation rate of 0.66%.

Appreciation rates are so strong in Gardner that despite a nationwide downturn in the housing market, Gardner real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Gardner appreciation rates continue to be some of the highest in America, at 5.70%, which is higher than appreciation rates in 71.38% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Gardner. Gardner appreciation rates in the latest quarter were at -0.04%, which equates to an annual appreciation rate of -0.17%.

Relative to Kansas, our data show that Gardner's latest annual appreciation rate is higher than 80% 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 Gardner differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Gardner - 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 Gardner real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$198,524

Gardner, KS HOME PRICES

Value Range
> $1,165,000 0.2
$874,001 - $1,165,000 0.0
$583,001 - $874,000 0.8
$466,001 - $583,000 0.3
$350,001 - $466,000 3.0
$233,001 - $350,000 18.8
$117,001 - $233,000 62.7
$58,001 - $117,000 5.1
$0 - $58,000 9.0

Very High for KS
High for Nation

Value Relative to Nation Value Relative to State
32.6438532755186 8.51063829787234

Number Of Homes And Apartments:
6,966

Gardner 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
32.31% 1.64% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,323 / per month

Homeownership Rate

Homeownership
Owners 68.04
Renters 31.96
Vacant 6.00

Housing Market Details

 

Age of Homes

AGE OF Gardner HOMES
2000 or Newer 50.5
1970 - 1999 36.7
1940 - 1969 8.8
1939 or Older 4.0

Types of Homes

TYPE OF Gardner HOMES
Single-Family 63.3
Townhomes 16.4
Small Apt. Buildings 2.9
Apt. Complexes 11.6
Mobile Homes 5.8
Other 0.0

Home Size

SIZE OF Gardner HOMES
No Bedroom 1.07
1 Bedroom 8.37
2 Bedrooms 14.87
3 Bedrooms 48.37
4 Bedrooms 26.38
5 or more bedrooms 0.94