Garden City, KS—67846
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Garden City, KS
As of Oct '25, the median home price in Garden City, KS is $234,000, with a year-over-year change of 2.7%. This indicates that home prices in Garden City, KS are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $234,000 | 2.7% |
| Single Family | $233,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $118,000 | 6.3% |
2 Bed | $180,000 | 4.0% |
3 Bed | $226,000 | 2.7% |
4 Bed | $278,000 | 1.8% |
| 5 Bed | $327,000 | 0.9% |
% of Housing Stock
Rental Trends — Garden City, KS
As of July '25, Rentcast reports the average rent in Garden City, KS is $895, with a year-over-year rent change of 1.7%. Per bedroom, the median rent as of July '25 in Garden City, KS is studios: $801, 1-bedrooms: $972, 2-bedrooms: $1,010, 3-bedrooms: $825. The most common rental property sizes in Garden City, KS are 2-bedroom and 3-bedroom, accounting for 49.2% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $805 | $895 |
| Studio Rent | $779 | $801 |
| 1 Bed Rent | $805 | $972 |
| 2 Bed Rent | $970 | $1,010 |
| 3 Bed Rent | $825 | $825 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Garden City, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Garden City, KS is 80. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $286,000 | -4.0% |
Listing Count | 125 | 13.0% |
| Listings as % of Homes | 0.4% | 13.0% |
Days on Market | 80 | -19.0% |
Demographics — Garden City, KS
As of the latest ACS Survey released in 2023, Garden City, KS has a population of 34,300, which has increased by 1.6% over the past 5 years. Garden City, KS is a popular place for families, as children make up 29.0% of the population. The area has a poorly educated workforce, with 19.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,300 | 1.6% |
% Under 18 | 29.0% | -5.5% |
% Seniors | 12.0% | 16.5% |
% WFH | 3.0% | 25.0% |
% w/ College Degree | 19.6% | 16.7% |
As of the latest ACS Survey released in 2023, Garden City, KS is a predominantly hispanic area, with 54.1% of the population identifying as hispanic. The hispanic population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in Garden City, KS is white, making up 35.7% of the population. Foreign-born residents account for 24.7% of the population in Garden City, KS, and this percentage has increased by 7.9% 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 | 35.7% | -9.2% |
% Black | 4.9% | 81.5% |
% Hispanic | 54.1% | 4.2% |
% Asian | 4.3% | -2.3% |
% Foreign Born | 24.7% | 7.9% |
Mortgage and Risk — Garden City, KS
According to HUD data as of 2023, there were 259 mortgage originations in Garden City, KS, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Garden City, KS. Investor activity is low, as 3.0% 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 | 259 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Garden City, KS
Garden City, KS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 469 |
Total Units Section 8 | 280 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 80.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$35 | $805 | $770 |
| 2 Bedroom | $40 | $970 | $1,010 |
| 3 Bedroom | $525 | $825 | $1,350 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Garden City, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $234,000 |
| Median Household Income | $72,500 |