Leavenworth, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Leavenworth, 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

Leavenworth Housing Market Information

With 35,980 people, 12,184 houses or apartments, and a median cost of homes of $115,209, house prices in Leavenworth are solidly below the national average.

Single-family detached homes are the single most common housing type in Leavenworth, accounting for 63.94% of the city's housing units. Other types of housing that are prevalent in Leavenworth include row houses and other attached homes ( 13.49%), large apartment complexes or high rise apartments ( 12.36%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.28%).

The most prevalent building size and type in Leavenworth are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 43.93% owning and 56.07% renting.

There is a lot of housing in Leavenworth 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 Leavenworth built before 1939 ( 26.11%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.67%). There's also some housing in Leavenworth built between 2000 and later ( 12.73%).

Vacant housing appears to be an issue in Leavenworth. Fully 11.13% of the housing stock is classified as vacant. Left unchecked, vacant Leavenworth homes and apartments can be a drag on the real estate market, holding Leavenworth real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Leavenworth Home Appreciation Rates

Appreciation rates for homes in Leavenworth have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.85%, which ranks in the top 50% nationwide. This equates to an annual average Leavenworth house appreciation rate of 0.08%.

NeighborhoodScout's data show that during the latest twelve months, Leavenworth's appreciation rate, at 5.02%, has been at or slightly above the national average. In the latest quarter, Leavenworth's appreciation rate has been -0.04%, which annualizes to a rate of -0.17%.

Relative to Kansas, our data show that Leavenworth's latest annual appreciation rate is higher than 60% 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 Leavenworth differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Leavenworth - 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 Leavenworth real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$115,209

Leavenworth, KS HOME PRICES

Value Range
> $1,069,000 0.1
$802,001 - $1,069,000 0.0
$535,001 - $802,000 0.3
$428,001 - $535,000 2.6
$321,001 - $428,000 3.7
$214,001 - $321,000 8.9
$107,001 - $214,000 39.9
$54,001 - $107,000 30.6
$0 - $54,000 13.9

Average for KS
Low for Nation

Value Relative to Nation Value Relative to State
68.1589124575179 41.1347517730496

Number Of Homes And Apartments:
12,184

Leavenworth 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
35.52% 1.78% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,018 / per month

Homeownership Rate

Homeownership
Owners 43.93
Renters 56.07
Vacant 11.13

Housing Market Details

 

Age of Homes

AGE OF Leavenworth HOMES
2000 or Newer 12.7
1970 - 1999 35.5
1940 - 1969 25.7
1939 or Older 26.1

Types of Homes

TYPE OF Leavenworth HOMES
Single-Family 63.9
Townhomes 13.5
Small Apt. Buildings 9.3
Apt. Complexes 12.4
Mobile Homes 0.9
Other 0.0

Home Size

SIZE OF Leavenworth HOMES
No Bedroom 1.63
1 Bedroom 10.39
2 Bedrooms 25.79
3 Bedrooms 37.18
4 Bedrooms 19.12
5 or more bedrooms 5.89