The housing market in Russell, KS is relatively strong, with a median value of $115,000. This is considerably lower than the US median value of $338,100, but the one year house appreciation rate in Russell is 10.51%, which is greater than the national average of 8.27%. This indicates that housing prices in Russell are steadily increasing and may be a good time for potential buyers to consider investing in the area.
The median home cost in Russell is $115,000. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Russell is up 13.8%.
Average Age of Homes
- The median age of Russell real estate is 63 years old
The Rental Market in Russell
- Renters make up 25.0% of the Russell population
- 4.2% of houses and apartments in Russell, 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.