Living in Lakin, KS
Lakin, Kansas, is a welcoming town with a close-knit community and a rich agricultural background. It offers essential amenities, quality education, and numerous outdoor activities. Ideal for families and real estate investors, it combines rural charm with modern facilities.
Current Market Conditions in Lakin, KS
The real estate market in Lakin, KS, has shown steady growth over the past few years, with property values gradually increasing. Homes in this area are typically more affordable than in larger cities, making it an attractive option for first-time homebuyers and real estate investors looking for value.
There is a consistent demand for housing due to the strong local community and the appeal of rural living. Investors might find opportunities for rental properties as more individuals and families seek affordable housing options in Lakin, fostering a sense of stability in the market.
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 $211,457.00, with the most expensive house
in Lakin, KS, topping out
at $599,169.00 and the cheapest home
in Lakin, KS,
clocking in at $52,115.00. 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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