The housing market in Bern, KS is booming. The median value of houses in Bern are about a quarter of the national median value of $338,100. Despite the lower cost of housing, Bern has seen an impressive appreciation rate over the past year at 10%, higher than the national average of 8.27%. This demonstrates that the housing in this area is in high demand and is a great investment opportunity.
The median home cost in Bern is $83,100. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Bern is up 15.5%.
Average Age of Homes
- The median age of Bern real estate is 59 years old
The Rental Market in Bern
- Renters make up 9.5% of the Bern population
- 9.1% of houses and apartments in Bern, 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.