Basehor, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Basehor, KS Real Estate Data


Basehor Housing Market Information

With 5,402 people, 1,680 houses or apartments, and a median cost of homes of $250,420, Basehor real estate is some of the most expensive in Kansas, although Basehor home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Basehor, accounting for 76.65% of the city's housing units. Other types of housing that are prevalent in Basehor include row houses and other attached homes ( 13.61%), duplexes, homes converted to apartments or other small apartment buildings ( 7.03%), and a few large apartment complexes or high rise apartments ( 2.71%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Basehor. Owner-occupied housing accounts for 82.44% of Basehor's homes, and 81.18% have either three or four bedrooms, which is average sized relative to America.

Basehor homes and real estate are some of the newest in America. 47.09% of Basehor's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Basehor real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.09%), and between 1940-1969 ( 10.96%). There's also some housing in Basehor built before 1939 ( 6.86%).

Basehor Home Appreciation Rates

Appreciation rates for homes in Basehor have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.36%, which ranks in the top 50% nationwide. This equates to an annual average Basehor house appreciation rate of 0.43%.

Appreciation rates are so strong in Basehor that despite a nationwide downturn in the housing market, Basehor real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Basehor appreciation rates continue to be some of the highest in America, at 6.76%, which is higher than appreciation rates in 82.53% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Basehor. Basehor appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.76%.

Relative to Kansas, our data show that Basehor's latest annual appreciation rate is higher than 80% of the other cities and towns in Kansas.

Average Home Values

 

Median Home Value:
$250,420

Basehor, KS HOME PRICES

Value Range
> $1,164,000 0.4
$873,001 - $1,164,000 0.0
$582,001 - $873,000 4.0
$466,001 - $582,000 6.5
$349,001 - $466,000 12.5
$233,001 - $349,000 30.4
$117,001 - $233,000 36.2
$58,001 - $117,000 5.1
$0 - $58,000 4.8

Very High for KS
High for Nation

Value Relative to Nation Value Relative to State
23.1188147801136 4.25531914893617

Number Of Homes And Apartments:
1,680

Rent & Ownership

 

Average Market Rent:
$1,221 / per month

Homeownership Rate

Homeownership
Owners 82.44
Renters 17.56
Vacant 7.03

Housing Market Details

 

Age of Homes

AGE OF Basehor HOMES
2000 or Newer 47.1
1970 - 1999 35.1
1940 - 1969 11.0
1939 or Older 6.9

Types of Homes

TYPE OF Basehor HOMES
Single-Family 76.6
Townhomes 13.6
Small Apt. Buildings 7.0
Apt. Complexes 2.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Basehor HOMES
No Bedroom 0.00
1 Bedroom 1.49
2 Bedrooms 13.39
3 Bedrooms 58.94
4 Bedrooms 22.25
5 or more bedrooms 3.93

Basehor Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
27.55% 1.44% 2 3
* 10 is highest