Markets/Kansas/Garden City

Garden City, KS Real Estate Market 2026

Investor-grade market analytics for Garden City, Kansas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$230,234

-1.5% year-over-year

Est. Rental Yield

5.4%

gross annual

12-Month Forecast

-1.5%

base case (Zillow ZHVF)

-1.5% year-over-year

Climate Risk

18/100

Very Low

Market Momentum

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Warm
3.4mo supply ยท Score +2/7

Net migration: Bottom 43% nationally

Income Migration

โžก๏ธ Neutral1.04x

In-migrants avg $42,909 AGI vs out-migrants $41,255

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Opportunity Zone Market

1 ZIP codes in Garden City are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Garden City Market Summary

Garden City, KS is experiencing a correction with -1.5% year-over-year decline, signaling a buyer's market with softening demand. Affordability remains favorable with a price-to-income ratio of 3.18x, below the national average of 4.8x. Climate risk remains low (18/100), favorable for long-term investment stability. Rental yield of 5.39% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score97/100
Price-to-Income Ratio3.2x (national avg 4.8x)
Median Household Income$72,437

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-2.2%
Base Case-1.5%
Bull Case-0.7%

Climate & Natural Hazard Risk

Garden City, KS's primary climate exposure is wind storms (38/100). The composite climate risk score of 18/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Garden City dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.