Real Estate Investing in Spearville, Kansas

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1 ZIP codes • Population: 1,588 • Ford County

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Should you buy in Spearville, KS? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $227,629
Avg Monthly Rent $792
ZIP Codes 1

Investing in Spearville Real Estate

Spearville, KS covers 1 ZIP codes and a population but the investment metrics here are underwhelming — this is not a market to enter casually.

The investment case for Spearville is difficult to make on screen data alone. less favorable for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

plainly Spearville's sale market has not rewarded patience. a harder case for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Distressed-leaning demographics in Spearville — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Dodge City, KS

Spearville is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$227,629
Avg Monthly Rent
$792
1% Rule
✗ Below
Landlord Friendly (KS)

📉 Market Crash Risk Index

Based on Dodge City, KS metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Dodge City, KS metro
0
Days to pending
7.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Spearville, KS

Screen every ZIP in Spearville

Filter Spearville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Spearville, KS

What is the best play in Spearville, KS?

Spearville, KS investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($228K prices, $792/mo rents) make it a reasonable choice.

Are renters plentiful in Spearville, KS?

Spearville, KS draws a reliable base of working renters. Demand at the $792/mo rent level is reasonable for standard single-family and small multi rentals.

What is the median home value in Spearville, KS?

Expect median prices around $228K in Spearville, KS. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.

How strong is Spearville, KS for real estate investors?

Spearville, KS rates 3.0/5 for investability. With median values at $228K and rents near $792/mo, the market offers reasonable fundamentals for rental investors.

How strict are landlord regulations in Spearville, KS?

Rental owners in Spearville, KS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

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