Kansas City, Kansas

In Kansas City, Kansas, $91,200 is the house value median. The value of houses has exploded upward of 14.1 percent in the last year. There has been a forecast made that Kansas City, Kansas value of houses will go up 6.4 percent in the following year.

Wow! How does an aspiring couple who want to leave their apartment to purchase their first home afford their first home - especially with home prices soaring upward so strongly? It can be very tough. And with rents tending to go up, it can make it even harder.

The key is for this couple to double down, and form a plan that allows them to plan for price of home increase, as well as rent increase.

The per square foot list cost median is $100 for Kansas City. This is a lower amount than the metro area which has a per square foot list cost median of $136.

For Kansas City, Kansas houses listed presently, $120,000 is the median cost. In Kansas City, Kansas, $995 is the rent cost median. The metro area of Kansas City has a higher rent cost median which is $1,150.

Foreclosure rates are important when it comes to the real estate economy of the areas of our country. The higher the foreclosure rate for an area, the lower the real estate value.

The first thing that occurs when there is a foreclosure is mortgage delinquency. A mortgage delinquency happens when a home owner skips making good on a payment on their mortgage. 2.4 percent is the percentage of Kansas City, Kansas houses that have mortgage delinquencies. This is a higher percentage than that of the United States has, which is 1.6 percent.

The median annual household income is $38,073 in Kansas City, Kansas.