Market Overview
Home Prices in Neodesha, KS
The median home value in Neodesha, KS is $106,335 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.4% compared to a year ago and down 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Neodesha are priced74% below average. Neodesha is part of the Coffeyville, KS metro area.
Over the past five years, Neodesha home values have risen by approximately15.5%, reflecting steady appreciation in this market.
Price History
Neodesha Home Price Trend
City Comparison
Neodesha vs. National Median
At $106,335, homes in Neodesha cost 74% below the national median of $410,000. This makes Neodesha a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Neodesha?
20% Down Payment
$21,267
on $106,335
Monthly P&I
$555/mo
30-yr @ 6.8%
Total Monthly Est.
~$705/mo
incl. taxes & insurance
Income Needed
$28,200
gross annual (30% rule)
10% Down Option
$10,634
+ PMI applies
Loan Amount (20% dn)
$85,068
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 Neodesha, KS?
The median home value in Neodesha is $106,335 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.4% year-over-year.
How much have home prices changed in Neodesha?
Over the past year, home values in Neodesha have decreased by 4.4%. Over five years, prices have risen approximately 15.5%.
How much do I need to earn to buy a home in Neodesha?
To comfortably afford the median home price of $106,335 with a 20% down payment ($21,267) at today's rates (6.8%), you'd need a gross annual income of approximately $28,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Neodesha compare to the national average home price?
The national median home value is approximately $410,000. At $106,335, homes in Neodesha are 74% below the national average.
What metro area is Neodesha part of?
Neodesha is part of the Coffeyville, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.