Housing in Kansas State is largely affordable when compared to the national average. Median home values in Kansas are approximately $194,100, while the median value of housing across the United States is about $338,100. Kansas has seen a 7.39% increase in housing value over the past year, slightly lower than the 8.27% increase witnessed across the US during this same period. Despite this relatively low appreciation rate, Kansas continues to remain a popular place for individuals and families seeking an affordable place to live.
The median home cost in Kansas is $194,100. Home appreciation the last 10 years has been 75.7%. Home Appreciation in Kansas is up 14.3%.
Average Age of Homes
- The median age of Kansas real estate is 44 years old
The Rental Market in Kansas
- Renters make up 29.5% of the Kansas population
- 2.3% of houses and apartments in Kansas, 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.