Downs, KS is a small town with a median house value of $109,600, significantly lower than the US median house value of $338,100. While the US house appreciation rate has been 8.27% over the last year, Downs has seen an appreciation rate of 5.12%, indicating that housing in Downs is increasing in value but at a slower rate than the national average. As such, Downs remains a good place to invest in real estate as it offers an affordable option with potential for growth.
The median home cost in Downs is $109,600. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Downs is up 10.9%.
Average Age of Homes
- The median age of Downs real estate is 63 years old
The Rental Market in Downs
- Renters make up 22.0% of the Downs population
- 2.5% of houses and apartments in Downs, 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.