Housing in Timken, KS is significantly more affordable than the US average. The median home value in Timken is $66,000, which is about 80% lower than the US median of $338,100. Additionally, housing values have appreciated by 12.03% in one year, which is greater than the 8.27% appreciation rate across the US in that same time frame. This shows that the housing market in Timken is strong and stable despite its affordability compared to other parts of the country.
The median home cost in Timken is $66,000. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Timken is up 15.4%.
Average Age of Homes
- The median age of Timken real estate is 62 years old
The Rental Market in Timken
- Renters make up 10.0% of the Timken population
- 0.0% of houses and apartments in Timken, 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.