Bucklin, KS 67834 housing market

What this means

• Valuation. Prices are 69% above what local incomes have historically supported (this area's pre-2020 price-to-income ratio).
• Prices. Home values are down 5.4% over the past year (U.S.: +1.2%).
• Supply. There are 233% more homes for sale than the 2017-19 norm and rising (+233% vs. a year ago), so buyers have more to choose from than before the pandemic.
• Negotiating. Buyer leverage is high (100/100; U.S.: 54): homes typically sell at or above asking (100.0% of list) (as of Jul 2024); 33% of listings had a price cut (U.S.: 26%).
• Affordability. A mortgage on the typical home takes 24% of the median household income (U.S.: 35%); it takes about $49k a year to keep the payment at 30% of gross pay. That includes about $2,264 a year for home insurance (U.S.: $1,790).
• Disaster risk. FEMA expects about $140 a year in natural-disaster damage per $100k of building value (U.S.: $155).
• Outlook. No clear direction: likely −10% to +6% over the next 12 months (43% chance of a rise).

Next 12 months

No clear direction

A fall is somewhat more likely than a rise, but not by enough to call. Likely change: −10.1% to +6.2% (80% range; middle estimate −0.8%), chance of a rise 43%, of a 5%+ drop 25%.

HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.

Other ZIP codes in Ford County, KS