Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$166,502+8.6% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$36,094About 0.6× the local median income ($61,313): affordable for a typical household
Days on market94 daysSlower than a year ago: buyers have time to negotiate
The typical home in Cheyenne County, KS is worth $166,502, up 8.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $140,513, so the area is 18.5% overvalued. It is a balanced market, leaning toward buyers: homes take about 94 days to sell, listings are up 25% from a year ago, 22% of listings have had a price cut. A household needs about $36,094 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,313. In the latest IRS figures, 34 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$166,502
Change in 1 year
+8.6%
Overvalued %
+18.5%
Show 6 more
Fair home value
$140,513
Change in 5 years
+53.9%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$902
Income needed to afford it
$36,094
Property tax rate
1.30%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$961
Market activity
Listings vs a year ago
+25.0%
Days on market
94
Listings with a price cut
22.2%
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Homes for sale
15
Pending sales per 100 listings
27
Asking price per sq ft
$95
People and jobs
Median household income
$61,313
Population change (1 year)
−0.5%
Unemployment rate
2.5%
Show 4 more
Population
2,604
Income adjusted for cost of living
$71,377
Net moves in (IRS)
+34
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
8.4
Flood risk score
8.6
Show 3 more
Wildfire risk score
62.9
Walkability (1 to 20)
6.6
Road, rail and air noise
51 dB
Questions people ask
Is Cheyenne County, KS overvalued?
Home prices in Cheyenne County, KS are well above what local incomes have historically supported: fair value is about $140,513, so the area is 18.5% overvalued.
Is Cheyenne County, KS a buyer's or seller's market?
Cheyenne County, KS is a balanced market, leaning toward buyers: homes take about 94 days to sell, listings are up 25% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Cheyenne County, KS?
Home values in Cheyenne County, KS are up 8.6% over the last year.
How much do you need to earn to buy a home in Cheyenne County, KS?
A household needs about $36,094 a year to afford the typical home in Cheyenne County, KS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,313.