Living in Fairway, KS
Fairway, Kansas is a picturesque suburban community known for its friendly atmosphere and tree-lined streets. The city offers a mixture of urban conveniences and suburban tranquility, making it ideal for families and young professionals alike. With its close proximity to Kansas City, residents enjoy easy access to a variety of dining, shopping, and entertainment options.
Current Market Conditions in Fairway, KS
The current real estate market in Fairway, KS, remains competitive, with home values steadily increasing due to the community's high demand. Buyers are drawn to the city for its excellent schools, vibrant community life, and proximity to Kansas City. The median home price has risen over the past year, reflecting a trend towards ongoing buyer interest and investment in the local market. Homes in Fairway typically sell quickly, and while inventory is somewhat limited, the area continues to attract new residents looking for quality living.
Over the past month, Fairway's real estate market has seen a slight uptick in buyer activity, attributed to the seasonal shift into the fall market. Inventory levels remain moderate, but there is a notable interest from buyers in the lower to mid-price range. Many homes have been listed with multiple offers, indicating a fast-paced environment where well-priced homes are snatched up quickly.
Home Value Estimator For Fairway, KS
There are currently 1,812 real estate properties
in Fairway, KS,
with a median automated valuation model (AVM) price
of $611,142.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairway, KS, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fairway, KS,
is $759,057.00, with the most expensive house
in Fairway, KS, topping out
at $3,254,700.00 and the cheapest home
in Fairway, KS,
clocking in at $164,529.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairway, KS!
Rent Prices
In Fairway, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairway, KS, is on
a rollercoaster ride. The
average rent price in Fairway, KS,
is $2,078.00. Indeed, when looking to rent in
Fairway, KS, you can expect to pay as little
as $800.00 or as much
as $3,340.00,
with the average rent median estimated to
be $1,980.00. The good news is that finding
an affordable and desirable property to rent in Fairway, KS
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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