The median sales price for a single-family home sold in Saline County during May was $206,250. That’s an increase of 21.5% compared with May 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com .
May prices are up from $165,419 the previous month.
The number of houses sold rose by 2.5% from a year earlier. A total of 82 houses were sold countywide during May. During the same period a year earlier, 80 single-family homes were sold.
Real estate sales can take weeks or months to be recorded and collected. This is the latest data made available through Realtor.com to the USA TODAY Network .
How hot is Saline County’s real estate market in Kansas?
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In Saline County the top 10% of the properties sold for at least $420,628, up 20.2% from a year before.
In May, no properties sold for $1 million or more.
Kansas’s median single-family home sales price was $296,875 in May, up 16% from a year earlier. The state reported 2,249 single-family homes sold, down 12.3% from a year earlier.
The median home sale price — the midway point of all the houses or units sold over a period of time — is used in this report instead of the average home sale price because experts say the median offers a more accurate view of what’s happening in a market. In finding the average price, all prices of homes sold are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com . Localized versions are generated for communities where the data quality and transaction volume meets Realtor.com and USA TODAY Network standards. The story was written by Sean Lahman .
This article originally appeared on Salina Journal: Saline County’s average home sold for a higher price year over year
