Newman Grove, NE is a small town with a population of just under 500 people. The median value of the housing in the area is much lower than that of the US as a whole, coming in at approximately $135,900 compared to the US median house value of around $338,100. Despite this difference in cost, the housing market has still seen an increase in appreciation over the past year with a 7.91% increase compared to the 8.27% national average. This shows that despite the lower price point for housing in Newman Grove, NE there are still positive trends happening for those looking for an affordable place to live.
The median home cost in Newman Grove is $135,900. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Newman Grove is up 16.3%.
Average Age of Homes
- The median age of Newman Grove real estate is 78 years old
The Rental Market in Newman Grove
- Renters make up 14.4% of the Newman Grove population
- 4.7% of houses and apartments in Newman Grove, 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.