In Riley, KS, housing median value is significantly lower than the US average at $166,800 compared to $338,100. Despite this, there is a higher rate of house appreciation within one year in Riley than the US average of 8.27%, with 11.29% being reported in Riley. This indicates that people are interested in investing in real estate in the area despite the lower cost associated with buying homes in Riley compared to other areas of the country.
The median home cost in Riley is $166,800. Home appreciation the last 10 years has been 53.7%. Home Appreciation in Riley is up 13.8%.
Average Age of Homes
- The median age of Riley real estate is 49 years old
The Rental Market in Riley
- Renters make up 28.0% of the Riley population
- 3.1% of houses and apartments in Riley, 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.