Building Costs Per Square Foot in the State of Kansas, USA

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Kansas 5331 S Pattie CT Wichita KS67216 - 5 Bedrooms and 3 Baths with 3 Attached Garages on Gross Floor Area 2550 sqft - Built in 2021 - Price $345,000

Newly Built House in Kansas 5331 S Pattie CT Wichita KS67216 – 5 Bedrooms and 3 Baths with 3 Attached Garages on Gross Floor Area 2550 sqft – Built in 2021 – Price $345,000

Residential Construction Market Analysis in the State of Kansas, USA

Kansas is one of the states with the most affordable prices to live in. It’s pretty easy to find a cheap place to stay and cover the costs of food, clothing, toiletries, and so on. This makes it the perfect place to fulfill the American dream, and there is nothing better than starting this dream by buying your own home or investing in the real estate market.

Although the food of Kansas is something that represents the state in all parts of the world, in this article we will not talk about it. Here we will focus on the real estate market in this midwestern state. We’ll give you an inside look at residential construction in The Sunflower State, where we’ll tell you what the constructions are like, what the prices are, what the market trends are, and what to expect in the future.

Kansas Construction Outlook

Kansas has three climate types: humid subtropical, humid continental, and semiarid steppe. Although the sun usually appears with some frequency, the area is prone to the appearance of large storms, which can transform these into dangerous tornadoes. For this same reason, the houses are built with concrete or materials resistant to the strong spills and storms that regularly hit the state.

Very tall buildings are not usually built either, since in some cases it is feared that the windows will be damaged by storms, so precautions are always taken at the time of construction. This means investing in good-quality windows that are resistant to this.

The houses are usually made of brick or cement, only in the poorest neighborhoods are they wooden houses, since due to a large amount of rain they tend to fill with moisture and are prone to mold inside. The advantage of Kansas is that having cheap property prices allows you to have extra money to invest in renovating spaces, making it safer to live.

Kansas Housing Market Analysis and Forecast

To understand the current real estate market in Kansas it is necessary to know what is happening with its population. Kansas’s population is at an all-time high, and suburban counties are growing even faster. More than 500,000 people live in Kansas City, and Platte and Clay counties in north and northwest KC have grown in population by nearly 20% in the last 10 years. This makes more and more people looking to buy properties in Kansas, increasing the demand.

There is still much more demand for houses in Kansas than supply, although the market is showing some signs of cooling, meaning there is a downward trend in demand. However, there are houses that are selling quickly so it is not something that is alarming sellers. If it can be positive for buyers since it means that you have more chances of being able to negotiate a good price that works for you.

Rising construction and material costs help make resale housing an attractive option, further increasing the demand for single-family homes in Kansas throughout the state.

The value of homes in Kansas City has increased by 17.8% in the last year, and if you take into account the last 5 years this increase was almost 76%. While this is not true of every town or city in Kansas, it is an indicator of a trend that is occurring. The growth in smaller towns was 10% during the last year. As a general annual average, values ​​are expected to increase by 10% this year, which means that it is not a bad time to buy.

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Research indicates that the supply of housing was reduced by more than 30% in the last year, but it is expected that new houses will be listed during the summer since it is usually the time of year when the real estate market is most active.

Kansas Average House Price (Median Home Price)

The median list price of a median home in Kansas is $200,000 according to the most recent report, although it can be much less in smaller towns. In Kansas City, if you go to the most luxurious neighborhood you can find a median home for an average listing price of $450,000. While in the cheapest one you can find a median home for $120,000.

This varies even more if you go from Wichita to Topeka and Lawrence. However, average prices are nowhere near as expensive as other cities near Kansas like Atlanta, Chicago, Dallas, Denver, Houston, and Minneapolis (all less than 800 miles away).

Remember that by median home we mean a house with 3 bedrooms, 2 bathrooms, a kitchen, a living room, a garage, and a small garden. Of course, if the house is made with expensive materials, or if it is brand new, then it will cost more than an average house that is already a couple of years old or made with simple materials.

Proposed Residential Building Projects in Kansas

In Wichita, Kansas City, and Topeka there are some building projects, although not very tall. They are usually building projects with a maximum of 10 to 20 floors, and with a large number of apartments prepared to receive families, couples, or single people.

There are also some houses under construction, especially condominiums near the University of Wichita. In this case, they are condominiums that will be rented, since the university receives exchange students or those who go for a short period of time, who do not have the ability to buy a property.

Kansas 3617 Bristol Street Wichita KS67206 - 6 Bedrooms 5 Bathrooms with 3 Attached Garages on Gross Floor Area 4118 sqft - Built in 2022 - Price $780,000 (1)

Kansas 3617 Bristol Street Wichita KS67206 – 6 Bedrooms 5 Bathrooms with 3 Attached Garages on Gross Floor Area 4118 sqft – Built in 2022 – Price $780,000 (1)

Building Costs Per Square Foot for Single Family Homes in the State of Kansas, USA

Building costs are equivalent to the national average in the state of Kansas, and equivalent to the states of Ohio, Washington and Wisconsin. Construction costs in Kansas are closer to the states of Minnesota, New Hampshire, Pennsylvania, South Carolina, Wyoming, Colorado, Michigan and Nevada by a deviation of 1%.

Class 1 – Luxury Single Family Homes

The building cost per square foot for luxury private homes in Kansas ranges from $344.89 per sqft to $528.70 per sqft, with the average being $407.02 per sqft. As the bar chart shows below, bigger homes with a large gross floor area have the lowest building costs per ft2, and smaller homes with a small gross floor area have the highest building costs per ft2. Medium-sized homes are somewhere in between. Generally, the building cost per square foot decreases as the size of the house gets bigger, and increases as the house gets smaller.

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Class 2 – Semi Luxury Single Family Homes

The building cost per square foot for semi-luxury private homes in Kansas ranges from $209.61 per sqft to $321.30 per sqft, with the average being $247.36 per sqft. As the bar chart shows below, bigger homes with a large gross floor area have the lowest building costs per ft2, and smaller homes with a small gross floor area have the highest building costs per ft2. Medium-sized homes are somewhere in between. Generally, the building cost per square foot decreases as the size of the house gets bigger, and increases as the house gets smaller.

Class 3 – Best Standard Single Family Homes

The building cost per square foot for best-standard private homes in Kansas ranges from $135.50 per sqft to $205.81 per sqft, with the average being $158.64 per sqft. As the bar chart shows below, bigger homes with a large gross floor area have the lowest building costs per ft2, and smaller homes with a small gross floor area have the highest building costs per ft2. Medium-sized homes are somewhere in between. Generally, the building cost per square foot decreases as the size of the house gets bigger, and increases as the house gets smaller.

Class 4 – Good Standard Single Family Homes

The building cost per square foot for good-standard private homes in Kansas ranges from $98.89 per sqft to $151.65 per sqft, with the average being $116.71 per sqft. As the bar graph shows below, bigger homes with a large gross floor area have the lowest building costs per ft2, and smaller homes with a small gross floor area have the highest building costs per ft2. Medium-sized homes are somewhere in between. Generally, the building cost per square foot decreases as the size of the house gets bigger, and increases as the house gets smaller.

Class 5 – Average Standard Single Family Homes

The building cost per square foot for average-standard private homes in Kansas ranges from $80.27 per sqft to $122.93 per sqft, with the average being $94.65 per sqft. As the bar graph shows below, bigger homes with a large gross floor area have the lowest building costs per ft2, and smaller homes with a small gross floor area have the highest building costs per ft2. Medium-sized homes are somewhere in between. Generally, the building cost per square foot decreases as the size of the house gets bigger, and increases as the house gets smaller.

Class 6 – Minimum Standard Single Family Homes

The building cost per square foot for minimum-standard private homes in Kansas ranges from $63.31 per sqft to $97.04 per sqft, with the average being $74.68 per sqft. As the bar graph shows below, bigger homes with a large gross floor area have the lowest building costs per ft2, and smaller homes with a small gross floor area have the highest building costs per ft2. Medium-sized homes are somewhere in between. Generally, the building cost per square foot decreases as the size of the house gets bigger, and increases as the house gets smaller.

List of 13 Metropolitan Areas/Cities in Kansas  – Percentage Deviation of the City/Town Building Cost from the National Average ($X), in Descending Order:

There are 1,890 municipalities grouped into 1,493 special districts and 105 counties in the state of Kansas. The bar chart below indicates that building costs vary in each metro city/town. The construction cost per square foot in each of these metropolitan cities varies from the state and national average by a certain percentage based on the location factor also known as the local modifier.

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The percentage deviation of building costs from the National Average for each metropolitan area in Kansas is shown below.

If $X is the Average National Building Cost in the USA, then it will cost the following to build a residential property in each metro city/town in Kansas:

Kansas  Average 0% (0% more than X)

  • Hays 676 -13%
  • Concordia 669 -12%
  • Colby 677 -8%
  • Salina 674 -7%
  • Fort Scott 667 -6%
  • Hutchinson 675 -6%
  • Dodge City 678 -4%
  • Wichita 670-672 -4%
  • Topeka 664-666 -1%
  • Kansas Average 0%
  • Kansas City 660-662 5%
  • Emporia 668 8%
  • Liberal 679 14%
  • Independence 673 29%

The Metropolitan Area List above as well as the Bar Graphs below shows that Hays is the cheapest city to build a private home in the state of Kansas, and Independence City is the most expensive city to build a home. Building costs are -13% below the national average in Hays and 29% above the national average in Independence City.

Cheapest Places To Build in Kansas :

Hays is cheapest to place to build at -13% below the national average, followed by Concordia at -12% below the national average. The third cheapest place to build a house is Colby at -8% below the national average. The fourth cheapest place to build a home is Salina at -7% below the national average. Construction costs in Fort Scott and Hutchinson are -6% below the national average. Residential development costs in Dodge City and Wichita are -4% below the US average. The seventh cheapest place to build is Topeka at -1% below the national average.

Expensive Places To Build in Kansas :

If anything between 5% and 10% is considered expensive, then there are 2 such metropolitan areas in the state of Kansas. Building costs in Kansas City are 5% above the US average. Residential building costs in the City of Emporia are 8% above the US average.

More Expensive Places To Build in Kansas :

If anything between 10% and 15% is considered more expensive, then there is one such metropolitan area in state of Kansas. Building costs in the city of Liberal are 14% above the US average.

Very Expensive Places To Build in Kansas

The most expensive places to build a house in the USA are those 15% above the national average. There is one such place in Kansas. Building costs in the City of Independence are 29% above the national average.

Kansas  State Average Costs:

Private home building costs in the state of Kansas are equal to the national average. Building cost rates in the metropolitan area of Topeka are closer to the Kansas state average by a deviation of 1%. Independence City is the most expensive city to build a home in Kansas, and the state of Kansas is number 29 on the national ascending costs scale.


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