The housing in Salamanca, KS is much more affordable than the national average. The median value of a house in the city is $168,200, which is half of the median US House value of $338,100. This affordability makes it attractive to those looking for an inexpensive home. Additionally, the appreciation rate on homes in Salamanca over the past year has been 10.51%, which is higher than the US one-year appreciation rate of 8.27%. This indicates that buying a home in this area could be a great investment given its low cost and strong potential for appreciation.
The median home cost in Salamanca is $168,200. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Salamanca is up 13.8%.
Average Age of Homes
- The median age of Salamanca real estate is 25 years old
The Rental Market in Salamanca
- Renters make up 0.0% of the Salamanca population
- 0.0% of houses and apartments in Salamanca, 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.