The housing market in Great Bend, KS Metro Area is strong and offers great value. The Median Value of Housing in the area is $103,300, which is significantly lower than the national median value of $338,100. This makes it a great place for buyers looking for an affordable home. In addition, over the past year the appreciation rate has been 10.51%, higher than the national average of 8.27%. This indicates that real estate investments are likely to be profitable in this area.
The median home cost in Great Bend Metro Area is $103,300. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Great Bend Metro Area is up 15.4%.
Average Age of Homes
- The median age of Great Bend Metro Area real estate is 59 years old
The Rental Market in Great Bend Metro Area
- Renters make up 27.9% of the Great Bend Metro Area population
- 4.0% of houses and apartments in Great Bend Metro Area, 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.