Baldwin City, KS—66006
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Baldwin City, KS
As of Oct '25, the median home price in Baldwin City, KS is $353,000, with a year-over-year change of 2.8%. This indicates that home prices in Baldwin City, KS are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $353,000 | 2.8% |
| Single Family | $353,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $283,000 | 2.2% |
3 Bed | $327,000 | 2.8% |
4 Bed | $421,000 | 2.2% |
| 5 Bed | $532,000 | 1.5% |
% of Housing Stock
Rental Trends — Baldwin City, KS
As of July '25, Rentcast reports the average rent in Baldwin City, KS is $1,090, with a year-over-year rent change of 5.8%. Per bedroom, the median rent as of July '25 in Baldwin City, KS is 1-bedrooms: $950, 2-bedrooms: $967, 3-bedrooms: $1,600. The most common rental property sizes in Baldwin City, KS are 2-bedroom and 4-bedroom, accounting for 40.9% and 33.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | $1,000 | $967 |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Baldwin City, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Baldwin City, KS is 49. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $502,000 | 36.0% |
Listing Count | 33 | 16.0% |
| Listings as % of Homes | 0.4% | 16.0% |
Days on Market | 49 | 45.0% |
Demographics — Baldwin City, KS
As of the latest ACS Survey released in 2023, Baldwin City, KS has a population of 7,840, which has remained stable by -0.2% over the past 5 years. Baldwin City, KS is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 49.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,840 | -0.2% |
% Under 18 | 21.2% | -9.4% |
% Seniors | 16.5% | 18.7% |
% WFH | 10.4% | 92.6% |
% w/ College Degree | 49.1% | 22.7% |
As of the latest ACS Survey released in 2023, Baldwin City, KS is a predominantly white area, with 88.6% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Baldwin City, KS is hispanic, making up 3.9% of the population. Foreign-born residents account for 1.4% of the population in Baldwin City, KS, and this percentage has increased by 133.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.6% | -1.7% |
% Black | 1.1% | -15.4% |
% Hispanic | 3.9% | -11.4% |
% Asian | 2.7% | 800.0% |
% Foreign Born | 1.4% | 133.3% |
Mortgage and Risk — Baldwin City, KS
According to HUD data as of 2023, there were 129 mortgage originations in Baldwin City, KS, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Baldwin City, KS. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 129 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Baldwin City, KS
Baldwin City, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 20 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $950 | $790 |
| 2 Bedroom | -$50 | $1,000 | $950 |
| 3 Bedroom | -$260 | $1,600 | $1,340 |
| 4 Bedroom | N/A | N/A | $1,620 |
Affordability — Baldwin City, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $353,000 |
| Median Household Income | $85,200 |