Real estate in Lakin, KS is a hot commodity. With a population of just over 10,000 people, the town is located in Osage County and has easy access to both Kansas City and Wichita. The median sale price for homes in Lakin was $144,900 in 2017, which is significantly higher than the national median of $157,500.
The main reason for this high demand is likely the close proximity to major metropolitan areas. Lakin is only about an hour away from both Kansas City and Wichita and residents have easy access to jobs and shopping. Additionally, Osage County has some of the most desirable real estate in Kansas due to its low crime rates and excellent schools.
Despite the high demand, there are still plenty of homes available for purchase in Lakin. The average list price for a home was $149,000 as of January 2018, which indicates that there are still plenty of buyers out there looking for properties. In addition to being popular among locals, Lakin also has a strong appeal to people who are looking for a rural setting but don’t want to live far from amenities.