Housing in Melvern, KS is a great choice for prospective home buyers. The median value of houses in the area is $158,700 which is significantly lower than the national median of $338,100. Over the past year, house values have appreciated at 11.29% compared to the US 1 year appreciation rate of 8.27%. This makes Melvern an attractive option for those looking for a stable investment in their housing.
The median home cost in Melvern is $158,700. Home appreciation the last 10 years has been 53.7%. Home Appreciation in Melvern is up 13.8%.
Average Age of Homes
- The median age of Melvern real estate is 62 years old
The Rental Market in Melvern
- Renters make up 25.1% of the Melvern population
- 0.0% of houses and apartments in Melvern, 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.