Herington, KS is a small town with an attractive housing market. The median value of homes in Herington is significantly lower than the median value across the US at $90,700 compared to $338,100. Although the appreciation rate for homes in the US was 8.27% over the past year, Herington saw a slightly smaller but still impressive increase of 5.12%. This indicates that a potential buyer would pay less for a home in Herington while still being able to enjoy its strong housing appreciation rate.
The median home cost in Herington is $90,700. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Herington is up 10.9%.
Average Age of Homes
- The median age of Herington real estate is 77 years old
The Rental Market in Herington
- Renters make up 22.8% of the Herington population
- 6.1% of houses and apartments in Herington, 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.