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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Fredonia, KS Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Fredonia, KS Housing Market Trends

With 2,138 people, 939 houses or apartments, and a median cost of homes of $125,922, house prices in Fredonia are solidly below the national average.

Single-family detached homes are the single most common housing type in Fredonia, accounting for 87.76% of the city's housing units. Other types of housing that are prevalent in Fredonia include large apartment complexes or high rise apartments ( 6.60%), mobile homes or trailers ( 2.86%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.78%).

The most prevalent building size and type in Fredonia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.29% owning and 42.71% renting.

There is a lot of housing in Fredonia built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fredonia built between 1940-1969 ( 31.16%). A lesser amount of the housing stock also hails from before 1939 ( 25.26%). There's also some housing in Fredonia built between 2000 and later ( 2.52%).

Vacant housing appears to be an issue in Fredonia. Fully 18.49% of the housing stock is classified as vacant. Left unchecked, vacant Fredonia homes and apartments can be a drag on the real estate market, holding Fredonia real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Fredonia Home Appreciation Rates

Real estate appreciation rates in Fredonia's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.02% during the period.

NeighborhoodScout's data show that during the latest twelve months, Fredonia's appreciation rate, at 6.35%, has been at or slightly above the national average. In the latest quarter, Fredonia's appreciation rate has been 4.94%, which annualizes to a rate of 21.27%.

Importantly, this makes Fredonia one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Kansas, our data show that Fredonia's latest annual appreciation rate is lower than 50% of the other cities and towns in Kansas.

Average Home Values

Median Home Value

$125,922

Fredonia, KS Home Prices
> $1,386,000
$1,040,001 - $1,386,000
$693,001 - $1,040,000
$555,001 - $693,000
$416,001 - $555,000
$278,001 - $416,000
$139,001 - $278,000
$69,001 - $139,000
$0 - $69,000
0.0%
0.0%
0.0%
0.0%
0.9%
0.9%
0.0%
0.0%
1.0%
1.0%
4.7%
4.7%
31.8%
31.8%
34.1%
34.1%
27.4%
27.4%
0% 100.0%
% of Homes
Low

for Kansas

Very Low

for nation

Number of Homes And Apartments:

939

Fredonia Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,112 / per month

Homeownership Rate

Owners
Renters
57.3%
57.3%
42.7%
42.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
18.5%
18.5%
81.5%
81.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
2.5%
2.5%
41.1%
41.1%
31.2%
31.2%
25.3%
25.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
87.8%
87.8%
0.0%
0.0%
2.8%
2.8%
6.6%
6.6%
2.9%
2.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.3%
2.3%
9.6%
9.6%
32.2%
32.2%
41.4%
41.4%
9.8%
9.8%
4.7%
4.7%
0% 100.0%
% of Homes

Popular Neighborhoods in Fredonia

Popular Communities Near Fredonia, KS

Zip Codes in Fredonia, KS