Living in Lakin, KS
Lakin is a small town in southwestern Kansas known for its friendly atmosphere and rich history. With easy access to outdoor activities and a close-knit community, it offers a tranquil environment for families and individuals alike. The town features local shops, parks, and schools that make it a suitable place for residential life.
Current Market Conditions in Lakin, KS
The real estate market in Lakin, KS has remained stable with modest growth observed over the past year. The demand for homes remains relatively consistent, with families and individuals searching for affordable housing options in the area.
With an emphasis on family-friendly living, homes in Lakin are often sought after for their reasonable prices and community-oriented culture. The area features a blend of historic homes and modern builds, catering to varying preferences among buyers.
Home Value Estimator For Lakin, KS
There are currently 109 real estate properties
in Lakin, KS,
with a median automated valuation model (AVM) price
of $176,300.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lakin, 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 Lakin, KS,
is $212,772.00, with the most expensive house
in Lakin, KS, topping out
at $591,176.00 and the cheapest home
in Lakin, KS,
clocking in at $47,229.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lakin, KS!
Rent Prices
In Lakin, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lakin, KS, is on
a rollercoaster ride. The
average rent price in Lakin, KS,
is $1,440.00. Indeed, when looking to rent in
Lakin, KS, you can expect to pay as little
as $1,440.00 or as much
as $1,440.00,
with the average rent median estimated to
be $1,440.00. The good news is that finding
an affordable and desirable property to rent in Lakin, 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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