Market Overview
Home Prices in Grainfield, KS
The median home value in Grainfield, KS is $156,202 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grainfield are priced62% below average.
Over the past five years, Grainfield home values have risen by approximately16.3%, reflecting steady appreciation in this market.
Price History
Grainfield Home Price Trend
2020
$125,232
$125K
—
2021
$134,327
$134K
+7.3%
2022
$155,932
$156K
+16.1%
2023
$149,379
$149K
-4.2%
2024
$153,105
$153K
+2.5%
2025
$151,199
$151K
-1.2%
2026
$156,202
$156K
+3.3%
City Comparison
Grainfield vs. National Median
🏠 Grainfield
$156,202
National Median
$410,000
At $156,202, homes in Grainfield cost 62% below the national median of $410,000. This makes Grainfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grainfield?
20% Down Payment
$31,240
on $156,202
Monthly P&I
$815/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,035/mo
incl. taxes & insurance
Income Needed
$41,400
gross annual (30% rule)
10% Down Option
$15,620
+ PMI applies
Loan Amount (20% dn)
$124,962
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Grainfield, KS?
The median home value in Grainfield is $156,202 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Grainfield?
Over the past year, home values in Grainfield have increased by 3.3%. Over five years, prices have risen approximately 16.3%.
How much do I need to earn to buy a home in Grainfield?
To comfortably afford the median home price of $156,202 with a 20% down payment ($31,240) at today's rates (6.8%), you'd need a gross annual income of approximately $41,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Grainfield compare to the national average home price?
The national median home value is approximately $410,000. At $156,202, homes in Grainfield are 62% below the national average.