Fredonia, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Fredonia Neighborhoods Since 2000




Fredonia, KS Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Fredonia Housing Market Information

With 2,326 people, 1,003 houses or apartments, and a median cost of homes of $66,667, house prices in Fredonia are some of the most affordable in Kansas as well as the nation.

Single-family detached homes are the single most common housing type in Fredonia, accounting for 89.59% of the city's housing units. Other types of housing that are prevalent in Fredonia include duplexes, homes converted to apartments or other small apartment buildings ( 4.32%), mobile homes or trailers ( 3.52%), and a few large apartment complexes or high rise apartments ( 2.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fredonia. Owner-occupied housing accounts for 68.22% of Fredonia's homes, and 52.52% have either three or four bedrooms, which is average sized relative to America.

The housing in Fredonia was primarily built before 1939 ( 49.48%), making the housing stock in Fredonia some of the oldest overall in America, although there is a range of ages of homes in Fredonia. The next most important housing age is between 1940-1969 ( 27.30%), followed by between 1970-1999 ( 21.54%). There's also some housing in Fredonia built between 2000 and later ( 1.68%).

Vacant housing appears to be an issue in Fredonia. Fully 19.70% of the housing stock is classified as vacant. Left unchecked, vacant Fredonia homes and apartments can be a drag on the real estate market, holding Fredonia real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Fredonia Home Appreciation Rates

In the last 10 years, Fredonia has experienced some of the highest home appreciation rates of any community in the nation. Fredonia real estate appreciated 21.79% over the last ten years, which is an average annual home appreciation rate of 1.99%, putting Fredonia in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fredonia definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Fredonia's appreciation rate, at 4.83%, has been at or slightly above the national average. In the latest quarter, Fredonia's appreciation rate has been 1.04%, which annualizes to a rate of 4.23%.

Relative to Kansas, our data show that Fredonia's latest annual appreciation rate is higher than 60% of the other cities and towns in Kansas.

Average Home Values

 

Median Home Value:
$66,667

Fredonia, KS HOME PRICES

Value Range
> $1,099,000 0.0
$825,001 - $1,099,000 0.0
$550,001 - $825,000 0.0
$439,001 - $550,000 0.4
$330,001 - $439,000 0.7
$220,001 - $330,000 2.3
$110,001 - $220,000 15.2
$55,001 - $110,000 43.2
$0 - $55,000 38.2

Very Low for KS
Very Low for Nation

Value Relative to Nation Value Relative to State
96.3846243993906 88.6524822695035

Number Of Homes And Apartments:
1,003

Fredonia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
49.90% 2.37% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$810 / per month

Homeownership Rate

Homeownership
Owners 68.22
Renters 31.78
Vacant 19.70

Housing Market Details

 

Age of Homes

AGE OF Fredonia HOMES
2000 or Newer 1.7
1970 - 1999 21.5
1940 - 1969 27.3
1939 or Older 49.5

Types of Homes

TYPE OF Fredonia HOMES
Single-Family 89.6
Townhomes 0.3
Small Apt. Buildings 4.3
Apt. Complexes 2.2
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Fredonia HOMES
No Bedroom 2.00
1 Bedroom 7.77
2 Bedrooms 35.79
3 Bedrooms 35.63
4 Bedrooms 16.89
5 or more bedrooms 1.92

Popular Neighborhoods in Fredonia

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Zip Codes in Fredonia, KS