Kansas Real Estate Market Trends & Forecast
In the past year, the Kansas real estate appreciated by 3.5%. The latest Kansas real estate market forecast is that the home prices will continue to increase by 3.9% – in the next twelve months. The latest real estate data from Zillow shows that the current median home value in Kansas is $160,180.
Based on the date of Master Score, STAR, TAPS, 1 year THAR, we can summarize the current market state as Neutral.
– 53% in Master Score
– STAR – 40%
– TAPS – 50%
– 1 Year THAR – 59%
What do all of these metrics mean? All of them tell us that Kansas real estate market is in “Neutral” zone right now with the huge potential to grow.
Kansas real estate market is expected to see an incredible amount of growth in 2o20 with a year over year growth of 6.16% in the median household income.
Low median sales prices, which in return, drives a solid rent is another reason to look into the Kansas housing market.
Good cash flow from Kansas investment properties means the investment is, needless to say, profitable. A bad cash flow, on the other hand, means you won’t have money on hand to repay your debt. Therefore, finding a good Kansas real estate investment opportunity would be key to your success. If you invest wisely in the Kansas real estate, you could secure your future.
Most popular cities:
The data and tools seen in our HousingAlerts Widgets pull the most accurate data in the industry and distills it down to user-friendly values.
We are always reviewing and refining our system to ensure our Algorithms are as accurate as they can be.
Our goal is to empower our users to have full confidence in their Real Estate Investing plans.
If you want to know more about HousingAlerts just click here.