The housing market in Wamego, KS is currently thriving with a median value of $255,900 and a one-year appreciation rate of 11.29%, which is significantly higher than the national average of 8.27%. This is an encouraging sign for potential home buyers as it indicates that prices are on the rise in Wamego. The median price in Wamego is lower than the national median of $338,100 making it an attractive option for potential home buyers looking to get into a more affordable market. Despite this lower cost, the high rate of appreciation makes investing in Wamego's real estate market a lucrative option for those looking to make a sound investment.
The median home cost in Wamego is $255,900. Home appreciation the last 10 years has been 53.7%. Home Appreciation in Wamego is up 13.8%.
Average Age of Homes
- The median age of Wamego real estate is 41 years old
The Rental Market in Wamego
- Renters make up 30.2% of the Wamego population
- 0.0% of houses and apartments in Wamego, 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.