Scott City, KS is a favorable place for potential homeowners to consider investing in property. It's housing median value of $195,400 is significantly lower than the national median of $338,100 which ensures that buyers can find an affordable property in the area. The market has also seen a higher rate of appreciation over the past year at 12.44%, compared to the US average of 8.27%. This suggests that purchasing a home in Scott City, KS will bring a good return on investment and may result in further growth over time.
The median home cost in Scott City is $195,400. Home appreciation the last 10 years has been 71.0%. Home Appreciation in Scott City is up 16.0%.
Average Age of Homes
- The median age of Scott City real estate is 50 years old
The Rental Market in Scott City
- Renters make up 24.8% of the Scott City population
- 2.7% of houses and apartments in Scott City, 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.