Kansas is the fifteenth largest state by area, with a population of 2,911,505 (U.S. Census Bureau, July 1, 2019). Throughout history, there have been important milestones that helped shape Kansas. First European Settler, Francisco Vasquez de Coronado, came to Kansas in the 1540s in search of the city of gold. Kansas was considered to be the Indian Territory and was not open for white settlement until the Kansas-Nebraska Act of 1954. After the Civil War, Kansas' economy was mainly dependent on cattle drives, which help cultivate many cattle towns, like Dodge City.
Today, Kansas' economy has a GDP of $169 billion (Bureau of Economic Analysis, July 1, 2018), which is driven by agriculture, cattle production, energy, aviation, and non-fuel industrial materials. Many of the leading Fortune 1000 companies have their headquarters in Kansas, including Sprint, AMC Theaters, and Dillons, to name a few.
The most recognized cities in Kansas are Overland Park, Wichita, and Lawrence.
Overland Park is located in the eastern part of Kansas, and 12 miles south of Kansas City, and has a population of 186,147. Overland Park is home to Overland Park Arboretum & Botanical Gardens, Deanna Rose Children's Farmstead, and Museum at Prairiefire. Over the last ten years, Overland Park's housing market has appreciated by 41.19%. When compared to the rest of the nation, Overland Park's housing prices are significantly higher, with the median home price of $248,100 and a median rent of $1,084.
Wichita resides in the southeastern part of Kansas and has a population of 389,054. Wichita is home to Sedgwick County Zoo, Old Cowtown Museum, Exploration Place, and The Keeper of the Plains. Over the last ten years, Wichita's housing market has appreciated by 1.71% annually. When compared to the rest of the country, Wichita's housing prices are more affordable, with the median home price of $124,400 and a median rent of $767.
Lawrence is just 34 miles west of Kansas City and has a population of 93,954. Lawrence is home to the Clinton State Park, Spencer Museum of Art, and KU Natural History Museum. Over the last ten years, Lawrence's housing market has appreciated by 23.01%. When compared to the rest of the nation, Lawrence's housing prices are slightly less, with the median home price of $183,700 and a median rent of $863.
|Single Family Homes for sale in Kansas|
|Average List Price||$287,855|
|Average Price Per Square Feet||$118|
|Condos for sale in Kansas|
|Average List Price||$406,817|
|Average Price Per Square Feet||$329|
|Townhomes for sale in Kansas|
|Average List Price||$233,998|
|Average Price Per Square Feet||$132|