Glen Elder, Kansas is a great place to invest in real estate. The median value of housing in the town is currently $162,500 which is significantly lower than the U.S. median value of $338,100. Over the past year, house appreciation has been 5.12%, which is lower than the national average of 8.27%. Despite this lower rate of appreciation, investing in Glen Elder real estate could be a wise choice due to its relatively low cost and strong potential for growth over time.
The median home cost in Glen Elder is $162,500. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Glen Elder is up 10.9%.
Average Age of Homes
- The median age of Glen Elder real estate is 76 years old
The Rental Market in Glen Elder
- Renters make up 20.5% of the Glen Elder population
- 0.0% of houses and apartments in Glen Elder, 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.