Savonburg, KS is a great place to invest in real estate. The median value of housing in Savonburg is much lower than the US House median value at $101,800 compared with $338,100. In addition, the 1 year house appreciation rate is higher than the national average at 10.51%, compared with 8.27%. This means that investing in housing in Savonburg could be profitable and a sound financial decision.
The median home cost in Savonburg is $101,800. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Savonburg is up 13.8%.
Average Age of Homes
- The median age of Savonburg real estate is 78 years old
The Rental Market in Savonburg
- Renters make up 14.6% of the Savonburg population
- 6.8% of houses and apartments in Savonburg, 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.