Housing in Fairbury, NE is very affordable compared to the rest of the country. The median value of homes in Fairbury is $98,600, which is significantly lower than the US median housing value of $338,100. This makes it an attractive option for people looking for a less expensive place to purchase a home. Furthermore, the 1 year house appreciation rate in Fairbury is 10.45%, which is higher than the national average of 8.27%. All things considered, buyers in Fairbury can expect good value for their money when making a real estate investment.
The median home cost in Fairbury is $98,600. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Fairbury is up 15.2%.
Average Age of Homes
- The median age of Fairbury real estate is 72 years old
The Rental Market in Fairbury
- Renters make up 22.3% of the Fairbury population
- 2.5% of houses and apartments in Fairbury, 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.