Medicine Lodge township, KS is a great place for homebuyers due to its relatively low median housing value of $97,200. This is much lower than the US median housing value of $338,100. Additionally, the house appreciation rate in Medicine Lodge township is 10.52%, which is higher than the US house appreciation rate of 8.27%. This means that homebuyers who purchase now can expect to see their homes appreciate faster than average over the next year. Medicine Lodge township thus offers both more affordable housing and greater potential for return on investment for potential buyers.
The median home cost in Medicine Lodge township is $97,200. Home appreciation the last 10 years has been 65.4%. Home Appreciation in Medicine Lodge township is up 14.9%.
Average Age of Homes
- The median age of Medicine Lodge township real estate is 63 years old
The Rental Market in Medicine Lodge township
- Renters make up 24.1% of the Medicine Lodge township population
- 8.7% of houses and apartments in Medicine Lodge township, 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.