Winfield, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Winfield Neighborhoods Since 2000




Winfield, 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

Winfield Housing Market Information

With 12,204 people, 4,458 houses or apartments, and a median cost of homes of $84,574, house prices in Winfield are solidly below the national average.

Single-family detached homes are the single most common housing type in Winfield, accounting for 76.51% of the city's housing units. Other types of housing that are prevalent in Winfield include large apartment complexes or high rise apartments ( 9.33%), mobile homes or trailers ( 6.87%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.58%).

The most prevalent building size and type in Winfield are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.85% owning and 46.15% renting.

The housing in Winfield was primarily built before 1939 ( 35.79%), making the housing stock in Winfield some of the oldest overall in America, although there is a range of ages of homes in Winfield. The next most important housing age is between 1940-1969 ( 34.41%), followed by between 1970-1999 ( 22.81%). There's also some housing in Winfield built between 2000 and later ( 6.99%).

Vacant housing appears to be an issue in Winfield. Fully 12.95% of the housing stock is classified as vacant. Left unchecked, vacant Winfield homes and apartments can be a drag on the real estate market, holding Winfield 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.

Winfield Home Appreciation Rates

Appreciation rates for homes in Winfield have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.75%, which ranks in the top 40% nationwide. This equates to an annual average Winfield house appreciation rate of 0.84%.

Appreciation rates are so strong in Winfield that despite a nationwide downturn in the housing market, Winfield real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Winfield appreciation rates continue to be some of the highest in America, at 6.36%, which is higher than appreciation rates in 76.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Winfield. Winfield appreciation rates in the latest quarter were at 1.04%, which equates to an annual appreciation rate of 4.23%.

Relative to Kansas, our data show that Winfield's latest annual appreciation rate is higher than 90% of the other cities and towns in Kansas.

Average Home Values

 

Median Home Value:
$84,574

Winfield, KS HOME PRICES

Value Range
> $1,075,000 0.1
$807,001 - $1,075,000 0.3
$537,001 - $807,000 0.5
$430,001 - $537,000 0.2
$323,001 - $430,000 1.3
$215,001 - $323,000 7.1
$108,001 - $215,000 26.9
$53,001 - $108,000 37.8
$0 - $53,000 25.8

Low for KS
Very Low for Nation

Value Relative to Nation Value Relative to State
87.6538146021329 69.1489361702128

Number Of Homes And Apartments:
4,458

Winfield 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
22.19% 1.17% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$872 / per month

Homeownership Rate

Homeownership
Owners 53.85
Renters 46.15
Vacant 12.95

Housing Market Details

 

Age of Homes

AGE OF Winfield HOMES
2000 or Newer 7.0
1970 - 1999 22.8
1940 - 1969 34.4
1939 or Older 35.8

Types of Homes

TYPE OF Winfield HOMES
Single-Family 76.5
Townhomes 0.7
Small Apt. Buildings 6.6
Apt. Complexes 9.3
Mobile Homes 6.9
Other 0.0

Home Size

SIZE OF Winfield HOMES
No Bedroom 1.91
1 Bedroom 9.57
2 Bedrooms 28.55
3 Bedrooms 37.63
4 Bedrooms 15.49
5 or more bedrooms 6.85