Shawnee appreciation rates and housing market information

Shawnee housing market information

With 48,152 people, 19,107 houses or apartments, and a median cost of homes of $220,643, Shawnee real estate is some of the most expensive in Kansas, although Shawnee home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Shawnee, accounting for 73.82% of the city's housing units. Other types of housing that are prevalent in Shawnee include large apartment complexes or high rise apartments (18.90%), row houses and other attached homes (4.21%), and a few duplexes, homes converted to apartments, or other small apartment buildings (3.03%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Shawnee. Owner-occupied housing accounts for 72.17% of Shawnee's homes, and 65.41% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Shawnee built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Shawnee built from 1940-1969 (28.44%). A lesser amount of the housing stock also hails from 1995 and later (15.11%), and some were built from 1939 and earlier (15.11%).

Shawnee home appreciation rates

Real estate appreciation rates in Shawnee have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.33% during the period.

NeighborhoodScout's data show that during the latest twelve months, Shawnee home appreciation rates, at 0.56%, have been at or slightly above the national average. In the latest quarter, Shawnee's appreciation rate has been 1.32%, which annualizes to a rate of 5.28%.

Relative to Kansas, our data show that Shawnee's latest annual appreciation rate is higher than 8% of the other cities and towns in Kansas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Shawnee differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Shawnee - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Shawnee real estate investment or home purchase decisions.