Salina, KS is a great place to invest in housing. The median value of housing in the area is $161,500, which is about half of the US median value of $338,100. Despite that only being half the national median value, Salina's house appreciation rate over the past year has been 5.12%, which is still slightly higher than the US annual appreciation rate of 8.27%. Investing in housing in Salina could be a great way to make a return on an investment.
The median home cost in Salina is $161,500. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Salina is up 10.9%.
Average Age of Homes
- The median age of Salina real estate is 53 years old
The Rental Market in Salina
- Renters make up 33.7% of the Salina population
- 1.6% of houses and apartments in Salina, 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.