The housing in Mitchell, NE is quite desirable, with a median value of $173,300 which is much lower than the US median value of $338,100. The appreciation rate for the area over the past year has also been greater than that of the US as a whole, at 10.45% compared to 8.27%. This makes Mitchell an attractive option for those looking to invest in real estate and enjoy its many benefits.
The median home cost in Mitchell is $173,300. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Mitchell is up 15.2%.
Average Age of Homes
- The median age of Mitchell real estate is 65 years old
The Rental Market in Mitchell
- Renters make up 26.6% of the Mitchell population
- 0.4% of houses and apartments in Mitchell, 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.