A typical Elyria home is worth roughly $426,000
Home prices around Elyria have risen about 37% over the past 5 years.
What kind of housing town is Elyria?
Read from the numbers below. The page puts what stands out first.
Home prices up 37% in 5 years
The federal house price index for the ZIP code around Elyria rose 37% over the past 5 years, slower than across Kansas (49%). Last year prices rose 12%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Elyria, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
What it takes to buy in Elyria
Try your own numbers below.
That’s $153K short of a typical Elyria home.
A two-bedroom rents for about $940 a month here, $1,750 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Kansas typical property tax (1.29% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
100% of Elyria households own their home
Half of Elyria’s homes were built before 1993.
Kansas: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $940
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (McPherson County, KS): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Neighbors talk housing
What Elyria buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.