The housing market in North Platte, NE is quite robust. The median value of homes in the area is approximately $161,300, which is significantly lower than the US house median value of $338,100. However, it has experienced a higher one-year appreciation than the US average at 10.45%, compared to 8.27%. This shows that housing prices are on the rise and indicate that North Platte is becoming an attractive place to buy or rent property.
The median home cost in North Platte is $161,300. Home appreciation the last 10 years has been 80.6%. Home Appreciation in North Platte is up 15.2%.
Average Age of Homes
- The median age of North Platte real estate is 51 years old
The Rental Market in North Platte
- Renters make up 35.6% of the North Platte population
- 2.6% of houses and apartments in North Platte, 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.