Hays, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hays Neighborhoods Since 2000




Hays, 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

Hays Housing Market Information

With 21,092 people, 8,618 houses or apartments, and a median cost of homes of $170,207, Hays real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Hays, accounting for 65.61% of the city's housing units. Other types of housing that are prevalent in Hays include large apartment complexes or high rise apartments ( 15.26%), duplexes, homes converted to apartments or other small apartment buildings ( 12.60%), and a few mobile homes or trailers ( 3.46%).

The most prevalent building size and type in Hays are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.83% owning and 46.17% renting.

There is a lot of housing in Hays 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 Hays built between 1940-1969 ( 32.19%). A lesser amount of the housing stock also hails from before 1939 ( 10.78%). There's also some housing in Hays built between 2000 and later ( 8.76%).

Hays Home Appreciation Rates

In the last 10 years, Hays has experienced some of the highest home appreciation rates of any community in the nation. Hays real estate appreciated 28.57% over the last ten years, which is an average annual home appreciation rate of 2.55%, putting Hays in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hays definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Hays appreciation rates have trailed the rest of the nation. In the last twelve months, Hays's appreciation rate has been 1.91%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hays were at 1.04%, which equates to an annual appreciation rate of 4.23%.

Relative to Kansas, our data show that Hays's latest annual appreciation rate is lower than 80% of the other cities and towns in Kansas.

Average Home Values

 

Median Home Value:
$170,207

Hays, KS HOME PRICES

Value Range
> $1,098,000 0.8
$823,001 - $1,098,000 0.1
$549,001 - $823,000 0.6
$439,001 - $549,000 0.7
$329,001 - $439,000 6.3
$220,001 - $329,000 16.9
$110,001 - $220,000 52.6
$55,001 - $110,000 15.8
$0 - $55,000 6.2

Very High for KS
Average for Nation

Value Relative to Nation Value Relative to State
41.591468416735 16.3120567375887

Number Of Homes And Apartments:
8,618

Hays 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
67.61% 3.04% 9 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$801 / per month

Homeownership Rate

Homeownership
Owners 53.83
Renters 46.17
Vacant 8.63

Housing Market Details

 

Age of Homes

AGE OF Hays HOMES
2000 or Newer 8.8
1970 - 1999 48.3
1940 - 1969 32.2
1939 or Older 10.8

Types of Homes

TYPE OF Hays HOMES
Single-Family 65.6
Townhomes 3.1
Small Apt. Buildings 12.6
Apt. Complexes 15.3
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Hays HOMES
No Bedroom 2.01
1 Bedroom 12.66
2 Bedrooms 24.29
3 Bedrooms 30.94
4 Bedrooms 17.90
5 or more bedrooms 12.20

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Zip Codes in Hays, KS