What is the median home value in Colby, KS?

The median value of owner-occupied homes in Colby, KS is $163,000 (±$17,255), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Colby, the median home value went from $125,500 in 2015–2019 to $163,000 in 2020–2024 (+29.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$163,000 (±$17,255)
Owner-occupied homes
1,430 (±149)
Most common range
$150,000 to $199,999

Home values in Colby

Owner-occupied homes by value, 2020–2024
ValueColbyThomas CountyKansasUnited States
Less than $50,0004.1% (±3.4 points)6.2%8.7%5.3%
$50,000 to $99,99922.5% (±9.2 points)19.1%12.2%6.1%
$100,000 to $149,99915.9% (±7.8 points)13.3%11.9%6.8%
$150,000 to $199,99925.9% (±9.1 points)20.2%13.0%9.0%
$200,000 to $299,99914.5% (±7.1 points)17.7%21.0%17.8%
$300,000 to $499,99917.0% (±7.4 points)17.8%22.4%26.9%
$500,000 to $999,9990.0% (±2.1 points)5.6%9.3%20.9%
$1,000,000 or more0.0% (±2.1 points)0.0%1.5%7.1%

The most common range is $150,000 to $199,999, 25.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Colby against Thomas County, its state and the nation

Estimate (90% margin of error)
ColbyThomas CountyKansasUnited States
Median home value$163,000 (±$17,255)$172,700 (±$16,455)$217,200 (±$1,343)$332,700
Owner-occupied homes1,430 (±149)2,362 (±154)788,409 (±5,615)84,210,142

In Colby, the median home value is not measurably different from Thomas County ($172,700).

It is also lower than in Kansas ($217,200).

It is lower than the national figure ($332,700).

In Thomas County, Colby ranks 7 of 13 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 576 of 1,474.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Colby have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$125,500 (±$13,866)$163,000 (±$17,255)+29.9%No measurable change after inflation
Median owner cost with a mortgage$1,214 (±$101)$1,192 (±$168)−1.8%Down after inflation
Median real estate taxes$1,949 (±$156)$2,573 (±$443)+32.0%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Colby

Nearest places with a published estimate, compared with Colby
PlaceDistanceMedian home valueCompared with this place
Colby—$163,000 (±$17,255)—
Morgan Township4.1 mi$426,600 (±$243,922)Higher
Rovohl Township8.3 mi$160,900 (±$111,216)Not measurably different
Gem8.4 mi$56,500 (±$25,299)Lower
East Hale Township9.5 mi$72,600 (±$22,014)Lower
Summers Township11 mi$205,400 (±$59,882)Not measurably different
Menlo Township15 mi$166,100 (±$101,740)Not measurably different
Barrett Township15 mi$156,300 (±$133,927)Not measurably different
West Hale Township15 mi$127,800 (±$60,846)Not measurably different

Nearby places with a measurably lower figure: Gem, KS ($56,500), East Hale Township, KS ($72,600).

Nearby places with a measurably higher figure: Morgan Township, KS ($426,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Thomas County, place by place

RankPlaceMedian home value
1Morgan Township$426,600 (±$243,922)
2South Randall Township$339,700 (±$14,065)
3Menlo$256,300 (±$177,981)
4Kingery Township$235,000 (±$65,750)
5Summers Township$205,400 (±$59,882)
6Menlo Township$166,100 (±$101,740)
7Colby$163,000 (±$17,255)
8Rovohl Township$160,900 (±$111,216)
9Barrett Township$156,300 (±$133,927)
10West Hale Township$127,800 (±$60,846)
11Brewster$118,800 (±$62,001)
12East Hale Township$72,600 (±$22,014)
13Gem$56,500 (±$25,299)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Colby

What is the average home value in Colby, KS?

The Census Bureau publishes the median: $163,000 (±$17,255) for owner-occupied homes in Colby (2020–2024 American Community Survey).

Have home values in Colby gone up?

In Colby, the median home value went from $125,500 in 2015–2019 to $163,000 in 2020–2024 (+29.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Colby sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Colby city, Kansas (place:14650, in state:20).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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