In Arkansas City, KS, the median housing value is $90,100. This is significantly lower than the US median house value of $338,100. However, over the past year Arkansas City has experienced a higher appreciation rate than the US average - 14.42%, compared to 8.27%. This indicates that housing in Arkansas City is becoming more desirable and valuable at a faster rate than other parts of the country.
The median home cost in Arkansas City is $90,100. Home appreciation the last 10 years has been 66.5%. Home Appreciation in Arkansas City is up 14.9%.
Average Age of Homes
- The median age of Arkansas City real estate is 63 years old
The Rental Market in Arkansas City
- Renters make up 35.7% of the Arkansas City population
- 3.0% of houses and apartments in Arkansas City, 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.