The housing market in Republic, KS is significantly lower than the US average, with a median value of just $43,000 compared to the US median of $338,100. However, while the US saw an appreciation rate of 8.27% in the last year, Republic experienced a higher rate at 10.51%. This could be evidence of rapid growth and appreciation in the area, as more people move into Republic and its housing market.
The median home cost in Republic is $43,000. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Republic is up 13.8%.
Average Age of Homes
- The median age of Republic real estate is 78 years old
The Rental Market in Republic
- Renters make up 8.7% of the Republic population
- 5.7% of houses and apartments in Republic, 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.