The housing market in Ridgeway, KS is thriving, with a median home value of $159,100. This is considerably lower than the national median of $338,100. However, the 1 year appreciation rate is significantly higher than the national average of 8.27%, clocking in at 10.08%. This rapid appreciation indicates that homes in Ridgeway are becoming more desirable and valuable over time. Thus, the housing market in Ridgeway is an attractive option for potential homeowners looking for a place to call their own.
The median home cost in Ridgeway is $159,100. Home appreciation the last 10 years has been 65.7%. Home Appreciation in Ridgeway is up 15.4%.
Average Age of Homes
- The median age of Ridgeway real estate is 40 years old
The Rental Market in Ridgeway
- Renters make up 24.6% of the Ridgeway population
- 0.5% of houses and apartments in Ridgeway, 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.