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Buying a home in Goodland, Kansas

The typical owner-occupied home in Goodland is worth about $112,700, 48% below the Kansas median of $217,200 and 66% below the national median of $332,700. Owners pay a median $1,994 a year in property taxes, about 1.77% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $52,258 a year, so the median home costs 2.2 times the median income (2.9 times for Kansas). 55% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.

Goodland at a glance

Goodland Kansas U.S.
Median home value $112,700 $217,200 $332,700
Median property tax paid per year $1,994 $2,798 $3,119
Property tax as a share of value 1.77% 1.29% 0.94%
Median household income $52,258 $74,275 $80,734
Homes lived in by their owners 55% 67% 65%
Owner homes with a mortgage 51% 57% 61%
Median monthly costs, owners with a mortgage $1,274 $1,689 $1,963
Those costs as a share of the owners' income 18.5% 19.4% 21.0%
Median rent $910 $1,060 $1,413
Rent as a share of renters' income 30.9% 27.1% 30.6%
Median year homes were built 1965 1976 1980
Vacant homes 15.8% 9.2% 10.1%
Population 4,121 2,947,197 334,922,499

What a typical home costs per month in Goodland

At this week's average 30-year rate of 7.11%, buying the median Goodland home of $112,700 with 20% down costs about $820 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,007, 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 $35,130 for the 20%-down payment. That payment is 19% of the median Goodland household income of $52,258; at that income and 20% down, the 28% guideline points to a home of about $168,000.

The median rent here is $910 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$22,540
Loan amount$90,160
Principal and interest$607
Property taxes (1.77% a year)$166
Homeowners insurance (our estimate, 0.5% a year)$47
PMI$0
Total per month$820

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3.5% down, 30-year FHA loan
Down payment$3,944
Loan amount$110,659
Principal and interest$744
Property taxes (1.77% a year)$166
Homeowners insurance (our estimate, 0.5% a year)$47
FHA mortgage insurance$50
Total per month$1,007

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Questions about home buying in Goodland

What is the median home value in Goodland?

About $112,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Goodland?

Homeowners pay a median $1,994 a year, which is about 1.77% 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 Goodland?

For the median home with 20% down at 7.11%, the payment is about $820 a month. Keeping that under 28% of gross income takes about $35,130 a year.

More about Goodland

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