The housing market in Plum, KS is quite strong and it offers homeowners an excellent opportunity to build equity. The median value of a house in Plum, KS is $87,200 which is significantly lower than the US House Median Value of $338,100. This means that there are many affordable homes available in this area compared to other parts of the country. Additionally, over the past year the US House Appreciation rate was 8.27%, while in Plum, KS it was 10.51%. This higher appreciation rate in Plum indicates that purchasing a home is a wise investment and those who buy now will likely experience increased value over time.
The median home cost in Plum is $87,200. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Plum is up 13.8%.
Average Age of Homes
- The median age of Plum real estate is 52 years old
The Rental Market in Plum
- Renters make up 15.3% of the Plum population
- 3.1% of houses and apartments in Plum, 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.