The housing market in Cheney, KS is thriving. The median value of housing in the area is $221,000 which is significantly lower than the national median value of $338,100. This low cost combined with a high appreciation rate of 14.42% in the last year makes it an attractive option for anyone looking to buy or invest in property. Not only that, but the increasing value also means that current homeowners can expect to make good returns on their investment if they decide to sell.
The median home cost in Cheney is $221,000. Home appreciation the last 10 years has been 66.5%. Home Appreciation in Cheney is up 14.9%.
Average Age of Homes
- The median age of Cheney real estate is 42 years old
The Rental Market in Cheney
- Renters make up 15.8% of the Cheney population
- 0.0% of houses and apartments in Cheney, 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.