Kansas City Kansas Real Estate
Kansas, the capital, is now listed in the top 10 most expensive cities in the United States for real estate. Data from Realtor.com also shows that the median price of a home in Kansas City, Kansas, is 3.5% higher than last year at $210.5, and up 16.9% year-over-year.
Kansas City's rate of appreciation in the latest quarter was 2.58%, representing a 3.5% year-over-year increase in housing prices. Compared to Kansas, the data show that the median home price in the top 10 most expensive cities is $1,839,000, an increase of 4.8% from last year and 16.9% from the previous year.
Importantly, NeighborhoodScouts has found exclusive research that Kansas City's housing market is the highest in the country - and estimates the nation's cities, which could signal the start of a long-term uptick in housing prices. Over the past decade, annual property values in Kansas City have increased 2.88%. This represents an increase of around 1.70%, which equates to a 3.5% increase in property prices over the same period - over a year.
The median home price in Kansas City has risen about 43% since 2015, from $112,000 to $162,487, according to the Zillow index. The median price for a one-bedroom apartment in Kansas City is $1,025, up 1.5% over the past year. This is a significant increase from the median rent of $137 a month - the second highest median rent of any American city in 2015 - and the third highest of any city.
If you want to make a profit, you don't want to buy a one-bedroom apartment in Kansas City or any other city in the US and expect to make a good profit on your rent. Ask one of our investment advisors who can help you create a long-term investment plan for your property portfolio.
In addition, buyers and investors should learn about the real estate market in Kansas City, the situation in the US and the financial situation of the city. Get an overview of the area and any prospective closures in the surrounding property markets. You can also use our map view to find homes and apartments you want to buy near the amenities of Kansas City, KS. In addition, every home buyer or investor should be aware of what they are looking for.
Kansas City, KS is located at the intersection of the Missouri River and the Kansas City - St. Louis County Line. This is equivalent to the entire Kansas City metro area, which is geographically located on the other side of a confluence of major rivers, Kansas and Missouri. The Kansas City MSA index covers the entire Kansas / Missouri span from the Mississippi to the Arkansas River, from Kansas to Missouri.
Crime rates in the area are low, with an average of 1.5 murders per 100,000 inhabitants per year, the lowest of any metro station. There are a number of high crime areas in Kansas City, KS, such as St. Louis, Missouri, but they are all more than double the average for the entire Kansas / Missouri MSA.
It is an ideal place to raise a family, and single-family homes are the most common type of housing in Kansas City, KS, accounting for more than 60% of the total number of homes in the area. Other types of apartments that predominate in Kansas City include houses that have been converted into apartments and other small apartment buildings. These include detached houses, duplexes, townhouses, two- and three-bed apartments, small townhouses and small apartments in small buildings, as well as houses that are converted into apartments or other smaller apartments.
These are three- and four-bedroom apartments, mainly in single-family houses. There are two - and - one - half - bedrooms, three - beds, one - bathroom with a single bath and a small kitchen and two or three bedrooms with two bathrooms.
Buyers can find a wide range of properties in Kansas City, Kansas, from single-family homes to townhouses and condos. These include one and two-bedroom apartments, three- and four-bedroom apartments and townhouses. Please tell us which real estate markets in the United States you think are best for real estate investment. We serve as a resource to ensure Kansas City real estate is attractive to investors and homebuyers seeking profits and cash flow.
Look around, call and talk to the people of Kansas City to make your own decision. Hiring a local real estate management company can help you find tenants for your investment property in Kansas City. If you would like to work with a professional, you can easily contact us at 1 - 866 - 743 - 4357, our toll-free phone number. By researching and structuring the best real estate investments in the United States for you, we can help you succeed by minimizing your risk and maximizing your profitability.