The housing market in Bala, KS is flourishing. The median value of homes is much lower than the US median at $160,700. However, the one year house appreciation rate of 10.11% is higher than the national rate of 8.27%. This indicates that there is a strong demand for residential real estate in the area, leading to increased values and a healthy housing market overall.
The median home cost in Bala is $160,700. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Bala is up 15.2%.
Average Age of Homes
- The median age of Bala real estate is 56 years old
The Rental Market in Bala
- Renters make up 16.7% of the Bala population
- 1.3% of houses and apartments in Bala, 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.