Shawnee, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Shawnee Neighborhoods Since 2000




Shawnee, 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

Shawnee Housing Market Information

With 65,046 people, 23,689 houses or apartments, and a median cost of homes of $214,215, Shawnee real estate is some of the most expensive in Kansas, although Shawnee home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Shawnee, accounting for 71.72% of the city's housing units. Other types of housing that are prevalent in Shawnee include large apartment complexes or high rise apartments ( 17.56%), row houses and other attached homes ( 7.17%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.69%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Shawnee. Owner-occupied housing accounts for 70.87% of Shawnee's homes, and 66.21% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Shawnee 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 Shawnee built between 2000 and later ( 22.32%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.99%). There's also some housing in Shawnee built before 1939 ( 3.03%).

Shawnee Home Appreciation Rates

Appreciation rates for homes in Shawnee have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.51%, which ranks in the top 30% nationwide. This equates to an annual average Shawnee house appreciation rate of 0.91%.

NeighborhoodScout's data show that during the latest twelve months, Shawnee's appreciation rate, at 5.52%, has been at or slightly above the national average. In the latest quarter, Shawnee's appreciation rate has been -0.04%, which annualizes to a rate of -0.17%.

Relative to Kansas, our data show that Shawnee'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 Shawnee differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Shawnee - 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 Shawnee real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$214,215

Shawnee, KS HOME PRICES

Value Range
> $1,174,000 0.3
$880,001 - $1,174,000 0.6
$587,001 - $880,000 2.3
$469,001 - $587,000 3.0
$352,001 - $469,000 10.4
$235,001 - $352,000 28.1
$117,001 - $235,000 48.6
$59,001 - $117,000 4.8
$0 - $59,000 1.8

Very High for KS
High for Nation

Value Relative to Nation Value Relative to State
28.9171452009844 6.02836879432624

Number Of Homes And Apartments:
23,689

Shawnee 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
35.33% 1.77% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,202 / per month

Homeownership Rate

Homeownership
Owners 70.87
Renters 29.13
Vacant 3.91

Housing Market Details

 

Age of Homes

AGE OF Shawnee HOMES
2000 or Newer 22.3
1970 - 1999 53.7
1940 - 1969 21.0
1939 or Older 3.0

Types of Homes

TYPE OF Shawnee HOMES
Single-Family 71.7
Townhomes 7.2
Small Apt. Buildings 2.7
Apt. Complexes 17.6
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Shawnee HOMES
No Bedroom 0.64
1 Bedroom 9.12
2 Bedrooms 17.94
3 Bedrooms 34.22
4 Bedrooms 31.99
5 or more bedrooms 6.08