Median home price: $128,000
This home's price: $125,000
Beds: 3
Baths: 2
Square feet: 1,478
Details: "We haven't experienced years of 25 percent, 30 percent, 40 percent price appreciation like in some parts of the country," says Wichita real estate broker Larry Underhill.
Instead the city has seen very slow appreciation rates of 1 to 3 percent and year, and the next 12 months should be no different. There's still much construction going on, according to Underhill, showing that develop[ers still have confidence in the market.
Even if area prices do start to pull back, this nine-year-old ranch house should fare well. It's is in a good school district and the resale values of nearby homes have been growing.
Broker: Realty Executives of Wichita
Wichita, Kansas
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