Market Overview
Home Prices in Neosho Rapids, KS
The median home value in Neosho Rapids, KS is $183,828 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Neosho Rapids are priced55% below average. Neosho Rapids is part of the Emporia, KS metro area.
Over the past five years, Neosho Rapids home values have risen by approximately30.3%, reflecting strong long-term appreciation in this market.
Price History
Neosho Rapids Home Price Trend
City Comparison
Neosho Rapids vs. National Median
At $183,828, homes in Neosho Rapids cost 55% below the national median of $410,000. This makes Neosho Rapids a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Neosho Rapids?
20% Down Payment
$36,766
on $183,828
Monthly P&I
$959/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,218/mo
incl. taxes & insurance
Income Needed
$48,720
gross annual (30% rule)
10% Down Option
$18,383
+ PMI applies
Loan Amount (20% dn)
$147,062
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 Neosho Rapids, KS?
The median home value in Neosho Rapids is $183,828 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Neosho Rapids?
Over the past year, home values in Neosho Rapids have increased by 4.7%. Over five years, prices have risen approximately 30.3%.
How much do I need to earn to buy a home in Neosho Rapids?
To comfortably afford the median home price of $183,828 with a 20% down payment ($36,766) at today's rates (6.8%), you'd need a gross annual income of approximately $48,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Neosho Rapids compare to the national average home price?
The national median home value is approximately $410,000. At $183,828, homes in Neosho Rapids are 55% below the national average.
What metro area is Neosho Rapids part of?
Neosho Rapids is part of the Emporia, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.