The housing market in Dodge City, KS Metro Area is showing strong growth year-over-year. The median value for housing in the area currently stands at $161,300, which is significantly lower than the US median of $338,100. However, the 1 year appreciation rate for homes in Dodge City is 11.73%, far greater than the national rate of 8.27%. This makes Dodge City an attractive option for potential home buyers looking to invest in the area.
The median home cost in Dodge City Metro Area is $161,300. Home appreciation the last 10 years has been 71.0%. Home Appreciation in Dodge City Metro Area is up 16.0%.
Average Age of Homes
- The median age of Dodge City Metro Area real estate is 45 years old
The Rental Market in Dodge City Metro Area
- Renters make up 32.8% of the Dodge City Metro Area population
- 2.1% of houses and apartments in Dodge City 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.