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Buying a home in Cassoday, Kansas

The typical owner-occupied home in Cassoday is worth about $68,600, 68% below the Kansas median of $217,200 and 79% below the national median of $332,700. Owners pay a median $1,136 a year in property taxes, about 1.66% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $70,000 a year, so the median home costs 1.0 times the median income (2.9 times for Kansas). 93% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.

Cassoday at a glance

Cassoday Kansas U.S.
Median home value $68,600 $217,200 $332,700
Median property tax paid per year $1,136 $2,798 $3,119
Property tax as a share of value 1.66% 1.29% 0.94%
Median household income $70,000 $74,275 $80,734
Homes lived in by their owners 93% 67% 65%
Owner homes with a mortgage 43% 57% 61%
Median monthly costs, owners with a mortgage $963 $1,689 $1,963
Those costs as a share of the owners' income 12.8% 19.4% 21.0%
Median rent – $1,060 $1,413
Median year homes were built 1959 1976 1980
Vacant homes 9.1% 9.2% 10.1%
Population 154 2,947,197 334,922,499

What a typical home costs per month in Cassoday

At this week's average 30-year rate of 7.11%, buying the median Cassoday home of $68,600 with 20% down costs about $493 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $607, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $21,114 for the 20%-down payment. That payment is 8% of the median Cassoday household income of $70,000; at that income and 20% down, the 28% guideline points to a home of about $227,000.

20% down, 30-year conventional loan
Down payment$13,720
Loan amount$54,880
Principal and interest$369
Property taxes (1.66% a year)$95
Homeowners insurance (our estimate, 0.5% a year)$29
PMI$0
Total per month$493

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3.5% down, 30-year FHA loan
Down payment$2,401
Loan amount$67,357
Principal and interest$453
Property taxes (1.66% a year)$95
Homeowners insurance (our estimate, 0.5% a year)$29
FHA mortgage insurance$30
Total per month$607

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Questions about home buying in Cassoday

What is the median home value in Cassoday?

About $68,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Cassoday?

Homeowners pay a median $1,136 a year, which is about 1.66% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Cassoday?

For the median home with 20% down at 7.11%, the payment is about $493 a month. Keeping that under 28% of gross income takes about $21,114 a year.

More about Cassoday

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data