Fort Scott, KS66701

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$124,000
1.7% YoY Growth
Median Household Income
$64,800
62.2% 5-Year Growth
Days on Market
72
26.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$745
9.8% YoY Growth
1-Bed Rent
$510
N/A
2-Bed Rent
$745
3.1% YoY Growth
3-Bed Rent
$850
7.9% YoY Growth

Property Listings — Fort Scott, KS

As of Aug '25 and according to Realtor.com, the median days on market for a home in Fort Scott, KS is 72. This is an increase of 26.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$242,00037.0%
Listing Count
46N/A
Listings as % of Homes0.5%N/A
Days on Market
7226.0%
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Demographics — Fort Scott, KS

MetricLatest CensusYoY % Change
Population
11,100-11.1%
% Under 18
22.5%-12.5%
% Under 5N/AN/A
% Seniors
20.8%6.7%
% WFH
13.2%78.4%
% w/ College Degree
24.3%14.1%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
89.3%-0.2%
% Black
2.4%-36.8%
% Hispanic
2.6%0.0%
% Asian
0.7%-30.0%
% Foreign Born
0.9%-57.1%
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Mortgage and Risk — Fort Scott, KS

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Fort Scott, KS in that year was 138. 59.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 84.0%. Of those, 41.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Fort Scott, KS. Investor activity in Fort Scott, KS is low, as 4.0% of all loans are originated by investors. In 2023, 10.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
138N/AN/A
% Conventional Loans
59.0%N/AN/A
% Government Loans
41.0%N/AN/A
% Investor Loans
4.0%N/AN/A
% Second Loans
2.0%N/AN/A
% Cash Out Refinance
10.0%N/AN/A
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Rentals and Section 8 — Fort Scott, KS

As of 2024, the percent of homes in Fort Scott, KS under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
308
Total Units Section 8
120
% Rentals under Section 8
N/A
% Occupied Section 8
75.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$180$510$690
2 Bedroom$165$745$910
3 Bedroom$320$850$1,170
4 BedroomN/AN/A$1,300

Affordability — Fort Scott, KS

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio1.8N/AN/A
Median Home Price$124,000N/AN/A
Median Household Income$64,800N/AN/A

Fort Scott, KS — ZIP Code Boundary Map

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