The housing market in the Ottawa, KS Metro Area is thriving. The Median Value of a home in the area is $206,600, which is significantly lower than the US House Median Value of $338,100. Despite its lower value, the one-year house appreciation rate for Ottawa, KS Metro Area is 10%, which is higher than the US average of 8.27%. This suggests that there is still potential for growth and profit in the local housing market. Therefore, anyone looking for an affordable place to live or to invest in real estate should take a look at what Ottawa has to offer.
The median home cost in Ottawa Metro Area is $206,600. Home appreciation the last 10 years has been 83.3%. Home Appreciation in Ottawa Metro Area is up 13.7%.
Average Age of Homes
- The median age of Ottawa Metro Area real estate is 44 years old
The Rental Market in Ottawa Metro Area
- Renters make up 25.3% of the Ottawa Metro Area population
- 2.3% of houses and apartments in Ottawa 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.