Effingham, KS has a median housing value of $171,400, which is much lower than the US median value of $338,100. Despite this difference in value, the 1 year appreciation rate for houses in Effingham is 11.73%, which is higher than the national average of 8.27%. This implies that homes in Effingham are increasing in value at a faster rate than other parts of the country. This can be attributed to renewed economic activity and increased demand for housing in the area. All things considered, Effingham is a great place to consider investing in real estate.
The median home cost in Effingham is $171,400. Home appreciation the last 10 years has been 83.3%. Home Appreciation in Effingham is up 13.7%.
Average Age of Homes
- The median age of Effingham real estate is 56 years old
The Rental Market in Effingham
- Renters make up 27.8% of the Effingham population
- 0.0% of houses and apartments in Effingham, 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.