Mulvane, KS—67110
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mulvane, KS
As of Oct '25, the median home price in Mulvane, KS is $226,000, with a year-over-year change of -1.5%. This indicates that home prices in Mulvane, KS are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $226,000 | -1.5% |
| Single Family | $227,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $163,000 | -1.2% |
3 Bed | $214,000 | -1.8% |
4 Bed | $276,000 | -2.8% |
| 5 Bed | $358,000 | -4.0% |
% of Housing Stock
Rental Trends — Mulvane, KS
As of July '25, Rentcast reports the average rent in Mulvane, KS is $1,630, with a year-over-year rent change of 5.2%. Per bedroom, the median rent as of July '25 in Mulvane, KS is 2-bedrooms: $950, 3-bedrooms: $1,280. The most common rental property sizes in Mulvane, KS are 2-bedroom and 3-bedroom, accounting for 48.5% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $950 |
| 3 Bed Rent | $1,280 | $1,280 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mulvane, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Mulvane, KS is 63. This is a increase of 27.0% 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 | $266,000 | -30.0% |
Listing Count | 33 | 58.0% |
| Listings as % of Homes | 1.1% | 58.0% |
Days on Market | 63 | 27.0% |
Demographics — Mulvane, KS
As of the latest ACS Survey released in 2023, Mulvane, KS has a population of 8,220, which has decreased by -7.5% over the past 5 years. Mulvane, KS is a popular place for families, as children make up 26.8% of the population. The area has a moderately educated workforce, with 30.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,220 | -7.5% |
% Under 18 | 26.8% | -3.2% |
% Seniors | 20.0% | 17.6% |
% WFH | 10.1% | 65.6% |
% w/ College Degree | 30.4% | 6.7% |
As of the latest ACS Survey released in 2023, Mulvane, KS is a predominantly white area, with 89.7% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Mulvane, KS is hispanic, making up 5.3% of the population. Foreign-born residents account for 0.5% of the population in Mulvane, KS, and this percentage has decreased by 75.0% 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 | 89.7% | -0.7% |
% Black | 0.6% | -62.5% |
% Hispanic | 5.3% | 140.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -75.0% |
Mortgage and Risk — Mulvane, KS
According to HUD data as of 2023, there were 159 mortgage originations in Mulvane, KS, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Mulvane, KS. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 159 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Mulvane, KS
Mulvane, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | $120 | $950 | $1,070 |
| 3 Bedroom | $90 | $1,280 | $1,370 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Mulvane, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $226,000 |
| Median Household Income | $73,400 |