The housing market in Ridge, KS is highly affordable compared to the US median value of $338,100. The median value for homes in Ridge is $82,300. Although the one year appreciation rate of 8.27% for the US housing market is higher than that of Ridge (5.12%), this difference could be attributed to the lower cost of housing in Ridge being more accessible for buyers and investors alike. Ultimately, Ridge remains a great option for potential homeowners looking to buy or invest in a property at an affordable rate.
The median home cost in Ridge is $82,300. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Ridge is up 10.9%.
Average Age of Homes
- The median age of Ridge real estate is 39 years old
The Rental Market in Ridge
- Renters make up 31.9% of the Ridge population
- 0.0% of houses and apartments in Ridge, 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.