Neodesha, KS—66757
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Neodesha, KS
Neodesha, KS lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $98,000 | -6.5% |
| Single Family | $98,000 | -8.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $62,000 | -11.4% |
3 Bed | $124,000 | -1.6% |
4 Bed | $154,000 | -1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Neodesha, KS
As of July '25, Rentcast reports the average rent in Neodesha, KS is $660, with a year-over-year rent change of -17.5%. Per bedroom, the median rent as of July '25 in Neodesha, KS is 1-bedrooms: $617, 2-bedrooms: $725. The most common rental property sizes in Neodesha, KS are 3-bedroom and 2-bedroom, accounting for 34.3% and 34.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $617 |
| 2 Bed Rent | $700 | $725 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Neodesha, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Neodesha, KS is 110. This is a increase of 152.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $115,000 | 0.0% |
Listing Count | 22 | 44.0% |
| Listings as % of Homes | 1.1% | 44.0% |
Days on Market | 110 | 152.0% |
Demographics — Neodesha, KS
As of the latest ACS Survey released in 2023, Neodesha, KS has a population of 3,220, which has remained stable by 0.7% over the past 5 years. Neodesha, KS is a popular place for families, as children make up 29.6% of the population. The area has a moderately educated workforce, with 28.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,220 | 0.7% |
% Under 18 | 29.6% | 25.4% |
% Seniors | 16.8% | -15.2% |
% WFH | 2.9% | -27.5% |
% w/ College Degree | 28.7% | 96.6% |
As of the latest ACS Survey released in 2023, Neodesha, KS is a predominantly white area, with 89.2% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Neodesha, KS is hispanic, making up 3.9% of the population. Foreign-born residents account for 1.1% of the population in Neodesha, KS, and this percentage has decreased by 15.4% 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 | 89.2% | -4.5% |
% Black | 0.1% | -66.7% |
% Hispanic | 3.9% | 77.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.1% | -15.4% |
Mortgage and Risk — Neodesha, KS
According to HUD data as of 2023, there were 29 mortgage originations in Neodesha, KS, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Neodesha, KS. Investor activity is low, as 0.0% 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 | 29 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Neodesha, KS
Neodesha, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 55 |
Total Units Section 8 | 0 |
% 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 | $60 | $600 | $660 |
| 2 Bedroom | $170 | $700 | $870 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Neodesha, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $98,000 |
| Median Household Income | $62,900 |