Merriam, KS is a great place to invest in property due to its relatively high median housing value of $272,600 and the 8.86% house appreciation rate over the last year. This compares favorably to the US median house value of $338,100 and the US 1 year house appreciation rate of 8.27%. Clearly, Merriam is an attractive option for those looking to invest in housing and take advantage of positive market trends.
The median home cost in Merriam is $272,600. Home appreciation the last 10 years has been 97.0%. Home Appreciation in Merriam is up 13.7%.
Average Age of Homes
- The median age of Merriam real estate is 48 years old
The Rental Market in Merriam
- Renters make up 41.6% of the Merriam population
- 1.1% of houses and apartments in Merriam, 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.