The housing market in Elwood, KS is significantly less expensive than the national average, with the median value sitting at $83,900. Despite this lower price point, the city has seen a larger appreciation rate over the past year compared to the national average, rising 11.73% compared to 8.27%. This is good news for those looking to invest or purchase in Elwood as it bodes well for future growth.
The median home cost in Elwood is $83,900. Home appreciation the last 10 years has been 83.3%. Home Appreciation in Elwood is up 13.7%.
Average Age of Homes
- The median age of Elwood real estate is 25 years old
The Rental Market in Elwood
- Renters make up 31.4% of the Elwood population
- 0.0% of houses and apartments in Elwood, 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.