Market Overview
Home Prices in Great Bend, KS
The median home value in Great Bend, KS is $131,355 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.4% compared to a year ago and down 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Great Bend are priced68% below average. Great Bend is part of the Great Bend, KS metro area.
Over the past five years, Great Bend home values have risen by approximately40.7%, reflecting strong long-term appreciation in this market.
Price History
Great Bend Home Price Trend
City Comparison
Great Bend vs. National Median
At $131,355, homes in Great Bend cost 68% below the national median of $410,000. This makes Great Bend a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Great Bend?
20% Down Payment
$26,271
on $131,355
Monthly P&I
$685/mo
30-yr @ 6.8%
Total Monthly Est.
~$870/mo
incl. taxes & insurance
Income Needed
$34,800
gross annual (30% rule)
10% Down Option
$13,136
+ PMI applies
Loan Amount (20% dn)
$105,084
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 Great Bend, KS?
The median home value in Great Bend is $131,355 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.4% year-over-year.
How much have home prices changed in Great Bend?
Over the past year, home values in Great Bend have increased by 11.4%. Over five years, prices have risen approximately 40.7%.
How much do I need to earn to buy a home in Great Bend?
To comfortably afford the median home price of $131,355 with a 20% down payment ($26,271) at today's rates (6.8%), you'd need a gross annual income of approximately $34,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Great Bend compare to the national average home price?
The national median home value is approximately $410,000. At $131,355, homes in Great Bend are 68% below the national average.
What metro area is Great Bend part of?
Great Bend is part of the Great Bend, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.