Bonner Springs, KS—66012
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bonner Springs, KS
As of Oct '25, the median home price in Bonner Springs, KS is $339,000, with a year-over-year change of 3.6%. This indicates that home prices in Bonner Springs, KS are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $339,000 | 3.6% |
| Single Family | $339,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $223,000 | 4.2% |
3 Bed | $325,000 | 3.8% |
4 Bed | $425,000 | 3.4% |
| 5 Bed | $546,000 | 3.0% |
% of Housing Stock
Rental Trends — Bonner Springs, KS
As of July '25, Rentcast reports the average rent in Bonner Springs, KS is $1,170, with a year-over-year rent change of -13.3%. Per bedroom, the median rent as of July '25 in Bonner Springs, KS is 1-bedrooms: $916, 2-bedrooms: $880, 3-bedrooms: $1,770. The most common rental property sizes in Bonner Springs, KS are 3-bedroom and 2-bedroom, accounting for 38.9% and 35.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $940 | $1,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $916 |
| 2 Bed Rent | $850 | $880 |
| 3 Bed Rent | $1,800 | $1,770 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bonner Springs, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Bonner Springs, KS is 58. This is a increase of 30.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $397,000 | 8.0% |
Listing Count | 35 | 52.0% |
| Listings as % of Homes | 0.4% | 52.0% |
Days on Market | 58 | 30.0% |
Demographics — Bonner Springs, KS
As of the latest ACS Survey released in 2023, Bonner Springs, KS has a population of 10,300, which has decreased by -10.9% over the past 5 years. Bonner Springs, KS is a popular place for families, as children make up 28.2% of the population. The area has a moderately educated workforce, with 28.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,300 | -10.9% |
% Under 18 | 28.2% | 18.0% |
% Seniors | 16.8% | -1.8% |
% WFH | 12.9% | 180.4% |
% w/ College Degree | 28.4% | 5.6% |
As of the latest ACS Survey released in 2023, Bonner Springs, KS is a predominantly white area, with 76.8% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Bonner Springs, KS is hispanic, making up 10.5% of the population. Foreign-born residents account for 9.1% of the population in Bonner Springs, KS, and this percentage has increased by 225.0% 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 | 76.8% | -7.7% |
% Black | 4.0% | -40.3% |
% Hispanic | 10.5% | 36.4% |
% Asian | 4.4% | 4,300.0% |
% Foreign Born | 9.1% | 225.0% |
Mortgage and Risk — Bonner Springs, KS
According to HUD data as of 2023, there were 131 mortgage originations in Bonner Springs, KS, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Bonner Springs, KS. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 131 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Bonner Springs, KS
Bonner Springs, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 200 |
Total Units Section 8 | 150 |
% Rentals under Section 8 | 21.1% |
% Occupied Section 8 | 79.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $900 | $1,170 |
| 2 Bedroom | $480 | $850 | $1,330 |
| 3 Bedroom | -$60 | $1,800 | $1,740 |
| 4 Bedroom | N/A | N/A | $2,050 |
Affordability — Bonner Springs, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $339,000 |
| Median Household Income | $96,300 |