The housing market in Smolan, KS is relatively affordable compared to other areas of the country. The median value of homes in Smolan is $119,500, which greatly falls short of the US House Median Value of $338,100. Despite this difference, the house appreciation rate over the past year has been good for both Smolan and the US as a whole, at 5.12% and 8.27% respectively. This indicates that the housing market in Smolan is in good health and may even be on an upward trajectory.
The median home cost in Smolan is $119,500. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Smolan is up 10.9%.
Average Age of Homes
- The median age of Smolan real estate is 63 years old
The Rental Market in Smolan
- Renters make up 11.5% of the Smolan population
- 0.0% of houses and apartments in Smolan, 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.