The housing market in Cheyenne Wells, CO is strong and shows good appreciation year to year. The median value for houses in Cheyenne Wells is $170,100, which is lower than the US median of $338,100. However, the area has shown a steady 7.69% increase in value over the past year, which is slightly below the US average of 8.27%. For those looking to buy real estate in this area they can feel confident in investing knowing that their investment will show good appreciation over time.
The median home cost in Cheyenne Wells is $170,100. Home appreciation the last 10 years has been 133.9%. Home Appreciation in Cheyenne Wells is up 16.5%.
Average Age of Homes
- The median age of Cheyenne Wells real estate is 44 years old
The Rental Market in Cheyenne Wells
- Renters make up 24.4% of the Cheyenne Wells population
- 2.1% of houses and apartments in Cheyenne Wells, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.