The Phillips, KS County housing market is thriving. The median value of homes in the area is $108,550, which is significantly lower than the national median of $338,100. Although this price discrepancy may be seen as a disadvantage, it provides a great opportunity for potential homeowners to invest in an affordable home. The 1 year house appreciation rate in Phillips, KS County is 10%, which is higher than the US average of 8.27%. This indicates that property values are increasing at a faster rate than the national average and can be seen as an advantageous investment opportunity.
The median home cost in Phillips County is $108,550. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Phillips County is up 13.8%.
Average Age of Homes
- The median age of Phillips County real estate is 60 years old
The Rental Market in Phillips County
- Renters make up 18.3% of the Phillips County population
- 1.1% of houses and apartments in Phillips County, 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.