Living in Hugoton, KS
Hugoton, Kansas, is a charming small city known for its community spirit and picturesque landscapes. With ample recreational activities and educational resources, it offers a peaceful lifestyle that appeals to families and investors alike. The local amenities and friendly residents contribute to a welcoming atmosphere.
Current Market Conditions in Hugoton, KS
The real estate market in Hugoton has displayed stability, with a trend of gradual appreciation in property values over the past few years. While the market is not booming, it shows consistent interest from buyers and investors, making it a viable option for long-term investments.
Investors can expect reasonably priced homes, with opportunities for both rental and resale. The demand for housing remains steady, making it an attractive market for real estate investment.
Home Value Estimator For Hugoton, KS
There are currently 150 real estate properties
in Hugoton, KS,
with a median automated valuation model (AVM) price
of $112,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hugoton, 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 Hugoton, KS,
is $139,302.00, with the most expensive house
in Hugoton, KS, topping out
at $520,155.00 and the cheapest home
in Hugoton, KS,
clocking in at $59,700.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hugoton, KS!
Rent Prices
In Hugoton, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hugoton, KS, is on
a rollercoaster ride. The
average rent price in Hugoton, KS,
is $1,268.00. Indeed, when looking to rent in
Hugoton, KS, you can expect to pay as little
as $720.00 or as much
as $1,900.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Hugoton, 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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