Gypsum appreciation rates and housing market information

Gypsum housing market information

With a population of 1,416, 2,556 total housing units (homes and apartments), and a median house value of $135,700, house prices in Gypsum are solidly below the national average.

single-family detached homes are the single most common housing type in Gypsum, accounting for 88.38% of the town's housing units. Other types of housing that are prevalent in Gypsum include mobile homes or trailers (9.31%), and a few duplexes, homes converted to apartments, or other small apartment buildings (2.03%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Gypsum. Owner-occupied housing accounts for 79.42% of Gypsum's homes, and 63.30% have either three or four bedrooms, which is average sized relative to America.

The housing in Gypsum was primarily built before 1939 (37.95%), making the housing stock in Gypsum some of the older overall in America, although there is a range of ages of homes in Gypsum. The next most important Gypsum housing age is 1970-1994 (27.23%), followed by 1940-1969 (24.73%). There's also some housing in Gypsum built between 1995 and later (10.09%).

Gypsum home appreciation rates

Appreciation rates for homes in Gypsum have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 115.03%, which ranks in the top 20% nationwide. This equates to an annual average Gypsum house appreciation rate of 11.50%.

Appreciation rates are so strong in Gypsum that despite a nationwide downturn in the housing market, Gypsum real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Gypsum appreciation rates continue to be some of the highest in America, at 8.13%, which is higher than appreciation rates in 95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Gypsum. Gypsum appreciation rates in the latest quarter were at 1.63%, which equates to an annual appreciation rate of 6.52%.

Importantly, this makes Gypsum 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 Gypsum's latest annual appreciation rate is higher than 96% of the other cities and towns in Kansas.