The housing market in McPherson, KS Metro Area is thriving. The median value of a home in the region is currently $187,900, which is much lower than the US House Median Value of $338,100. In addition, the one-year appreciation rate for houses in this area is 11.27%, significantly higher than the US average appreciation rate of 8.27%. This indicates that the real estate market in McPherson, KS Metro Area is healthy and growing rapidly which could be an attractive prospect for potential homebuyers.
The median home cost in McPherson Metro Area is $187,900. Home appreciation the last 10 years has been 53.2%. Home Appreciation in McPherson Metro Area is up 11.6%.
Average Age of Homes
- The median age of McPherson Metro Area real estate is 50 years old
The Rental Market in McPherson Metro Area
- Renters make up 21.3% of the McPherson Metro Area population
- 0.8% of houses and apartments in McPherson 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.