The housing market in Yates Center, KS is doing quite well compared to the national median value of homes. The median value of homes in Yates Center is $98,400 while the US median value of homes is $338,100, showing that home values are significantly lower in Yates Center than across the country. The appreciation rate for houses within the last year has been quite strong as well - 8.27% nationally and 10.51% in Yates Center - indicating a growing demand and stability for the area's housing market. This makes Yates Center an attractive option for potential buyers looking for more affordable housing than what can be found in many areas across the US.
The median home cost in Yates Center is $98,400. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Yates Center is up 13.8%.
Average Age of Homes
- The median age of Yates Center real estate is 78 years old
The Rental Market in Yates Center
- Renters make up 18.6% of the Yates Center population
- 2.2% of houses and apartments in Yates Center, 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.