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 9,230, 1,654 total housing units (homes and apartments), and a median house value of $282,601, Fort Riley real estate and house prices are near the national average for all cities and towns.
Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Fort Riley, accounting for 46.02% of the town's housing units. Other types of housing that are prevalent in Fort Riley include row houses and other attached homes ( 44.76%), large apartment complexes or high rise apartments ( 5.33%), and a few single-family detached homes ( 3.90%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.
Renters dominate Fort Riley's housing market, and most live in three of four bedroom dwellings.
Fort Riley homes and real estate are some of the newest in America. 56.95% of Fort Riley's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fort Riley real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.98%), and between 1940-1969 ( 3.08%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Fort Riley, where house values have increased just 52.97%, which is annualized rate of 4.34%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Fort Riley's appreciation rate, at 7.96%, has been at or slightly above the national average. In the latest quarter, Fort Riley's appreciation rate has been 4.06%, which annualizes to a rate of 17.27%.
Importantly, this makes Fort Riley one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Kansas, our data show that Fort Riley's latest annual appreciation rate is higher than 80% of the other cities and towns in Kansas.
$282,601
for Kansas
for nation
1,654
$1,749 / per month