The housing market in Elk Falls, KS is quite strong, with a median value of $70,200. This is significantly lower than the US house median value of $338,100 but still shows a good return on investment. In the past year, the appreciation of houses in Elk Falls was 10.51%, which is higher than the national average of 8.27%. This indicates that real estate in Elk Falls is an excellent investment opportunity for potential buyers and provides assurance for current homeowners.
The median home cost in Elk Falls is $70,200. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Elk Falls is up 13.8%.
Average Age of Homes
- The median age of Elk Falls real estate is 65 years old
The Rental Market in Elk Falls
- Renters make up 3.5% of the Elk Falls population
- 0.0% of houses and apartments in Elk Falls, 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.