The housing market in Elim, NE is booming. The median value of housing there is $192,400, which is significantly lower than the US house median value of $338,100. In the last year, the US house appreciation rate was 8.27%, while in Elim it was a remarkable 14.59%. This suggests that people are very interested in buying homes in this area and that real estate prices have been steadily increasing for the past few years. All signs point to a thriving housing market in Elim, NE.
The median home cost in Elim is $192,400. Home appreciation the last 10 years has been 81.6%. Home Appreciation in Elim is up 14.8%.
Average Age of Homes
- The median age of Elim real estate is 59 years old
The Rental Market in Elim
- Renters make up 8.1% of the Elim population
- 0.0% of houses and apartments in Elim, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.