Housing in Elmwood, NE is an attractive option for many potential home buyers. The median value of a home in Elmwood, NE is $265,900, which is lower than the US median house value of $338,100. This gap between the two medians presents a great opportunity for those looking to purchase a home without breaking the bank. In addition, the one year appreciation of houses in Elmwood, NE stands at 10.45%, which is higher than the US average of 8.27%. This trend suggests that buying a house in Elmwood could be a wise decision financially. All in all, housing in Elmwood provides buyers with both economic and aesthetic value.
The median home cost in Elmwood is $265,900. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Elmwood is up 15.2%.
Average Age of Homes
- The median age of Elmwood real estate is 55 years old
The Rental Market in Elmwood
- Renters make up 15.4% of the Elmwood population
- 0.0% of houses and apartments in Elmwood, 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.