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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 4,294, 1,478 total housing units (homes and apartments), and a median house value of $256,835, Rose Hill real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Rose Hill, accounting for 87.59% of the city's housing units. Other types of housing that are prevalent in Rose Hill include duplexes, homes converted to apartments or other small apartment buildings ( 8.60%), row houses and other attached homes ( 1.68%), and a few large apartment complexes or high rise apartments ( 1.55%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rose Hill. Owner-occupied housing accounts for 82.02% of Rose Hill's homes, and 67.61% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Rose Hill built from 1970 to 1999 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 Rose Hill built between 2000 and later ( 29.48%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.85%). There's also some housing in Rose Hill built before 1939 ( 5.30%).
Real estate appreciation rates in Rose Hill's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.02% during the period.
Appreciation rates are so strong in Rose Hill that despite a nationwide downturn in the housing market, Rose Hill real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rose Hill appreciation rates continue to be some of the highest in America, at 7.83%, which is higher than appreciation rates in 84.64% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rose Hill. Rose Hill appreciation rates in the latest quarter were at 2.61%, which equates to an annual appreciation rate of 10.84%.
Importantly, this makes Rose Hill one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Kansas, our data show that Rose Hill's latest annual appreciation rate is higher than 80% of the other cities and towns in Kansas.
$256,835
for Kansas
for nation
1,478
$1,501 / per month