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Riley County, KS housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$273,920+4.8% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$59,380About 0.9× the local median income ($64,086): affordable for a typical household
Days on market54 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.6%Zillow expects prices to rise slightly

The typical home in Riley County, KS is worth $273,920, up 4.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $258,782, so the area is 5.8% overvalued. It is a seller's market: homes take about 54 days to sell, listings are down 2% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 3.6% over the next year. A household needs about $59,380 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 $64,086. Typical rent is $1,296 a month, or $1,550 for a house. In the latest IRS figures, 456 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K$250K19801990200020102020
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$273,920
Change in 1 year+4.8%
Overvalued %+5.8%
Show 7 more
Fair home value$258,782
Change in 5 years+27.6%
Zillow forecast, next 12 months+3.6%
Home value to income4.3×
Monthly mortgage payment (20% down)$1,485
Income needed to afford it$59,380
Property tax rate1.46%

Rent and investing

Typical rent$1,296
Typical rent for houses$1,550
Price-to-rent ratio17.6×
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HUD Fair Market Rent, 2 bedrooms$1,107
Gross rental yield5.68%
Cap rate (estimate)3.69%

Market activity

Listings vs a year ago−1.9%
Days on market54
Listings with a price cut20.3%
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Homes for sale156
Pending sales per 100 listings49
Asking price per sq ft$156

People and jobs

Median household income$64,086
Population change (1 year)+0.7%
Unemployment rate3.8%
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Population72,598
Income adjusted for cost of living$71,049
Net moves in (IRS)−456
Cost of living (US = 100)90.2

Schools, risk and environment

School rating (1 to 10)7.5
FEMA hazard risk score (0 to 100)58.5
Flood risk score59.9
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Wildfire risk score89.5
Walkability (1 to 20)7.8
Road, rail and air noise53 dB

Questions people ask

Is Riley County, KS overvalued?
Home prices in Riley County, KS are slightly above what local incomes have historically supported: fair value is about $258,782, so the area is 5.8% overvalued.
Is Riley County, KS a buyer's or seller's market?
Riley County, KS is a seller's market: homes take about 54 days to sell, listings are down 2% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Riley County, KS?
Home values in Riley County, KS are up 4.8% over the last year. Zillow's forecast for the next 12 months is +3.6%.
How much do you need to earn to buy a home in Riley County, KS?
A household needs about $59,380 a year to afford the typical home in Riley County, KS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,086.

Nearby and similar counties

ZIP codes in Riley County (open on the map)

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