KS

Kansas Home Buying Guide

Midwest Region · Judicial Foreclosure State

Homestead ExemptionNo Transfer Tax

Key Facts at a Glance

Median Home Price
$210,000
Property Tax Rate
1.41%
Transfer Tax
None
Attorney Required
No
Foreclosure Type
Judicial

What Makes Kansas Unique

No transfer tax

KHRC offers 0% interest DPA

Kansas City market spans both Kansas and Missouri

First-Time Buyer Programs in Kansas

1

KHRC First-Time Homebuyer Program

Contact your state housing finance agency for current eligibility and rates

2

KHRC Moderate Income Program

Contact your state housing finance agency for current eligibility and rates

3

USDA Rural Loans

Contact your state housing finance agency for current eligibility and rates

Program availability, income limits, and interest rates change frequently. Verify current terms with your lender or state housing finance agency.

Closing Costs in Kansas

1%
Avg Closing Costs
of purchase price
$2,100
Estimated Closing Costs
on median-priced home
None
Transfer Tax
no transfer tax!

Attorney at Closing

Attorney Not Required

Kansas does not require an attorney at closing. A title company typically handles the transaction. Consider hiring one anyway for complex deals.

Local Tips for Kansas Buyers

1

No transfer tax reduces upfront costs.

2

KHRC DPA is a 10-year deferred loan.

3

Kansas City buyers often compare both KS and MO sides.

Estimated Annual Ownership Cost in Kansas

Based on the median home price of $210,000 with a 10% down payment and 7% mortgage rate.

Annual Mortgage Payment$15,082
Annual Property Taxes$2,961
Homeowners Insurance (est.)$1,050
Maintenance (est. 1%/yr)$2,100

Ready to Calculate Your Numbers?

Use our free calculators to estimate your monthly payment, affordability, and closing costs in Kansas.