Effingham, KS—66023
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Effingham, KS
As of Oct '25, the median home price in Effingham, KS is $213,000, with a year-over-year change of 0.7%. This indicates that home prices in Effingham, KS are flat. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $213,000 | 0.7% |
| Single Family | $213,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $250,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Effingham, KS
Effingham, KS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Effingham, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Effingham, KS is 173. This is a increase of 160.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $527,000 | 183.0% |
Listing Count | 1 | -56.0% |
| Listings as % of Homes | 0.4% | -56.0% |
Days on Market | 173 | 160.0% |
Demographics — Effingham, KS
As of the latest ACS Survey released in 2023, Effingham, KS has a population of 954, which has decreased by -16.9% over the past 5 years. Effingham, KS is a less popular place for families, as children make up 8.6% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 954 | -16.9% |
% Under 18 | 8.6% | -68.7% |
% Seniors | 43.4% | 96.4% |
% WFH | 4.8% | 220.0% |
% w/ College Degree | 10.9% | -23.8% |
As of the latest ACS Survey released in 2023, Effingham, KS is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Effingham, KS is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.4% of the population in Effingham, KS, and this percentage has decreased by 89.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.3% | -1.5% |
% Black | 0.0% | N/A |
% Hispanic | 0.4% | -93.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | -89.2% |
Mortgage and Risk — Effingham, KS
According to HUD data as of 2023, there were 59 mortgage originations in Effingham, KS, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Effingham, KS. Investor activity is low, as 5.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 59 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Effingham, KS
Effingham, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $680 |
| 2 Bedroom | N/A | N/A | $890 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Effingham, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $213,000 |
| Median Household Income | $55,000 |