The housing market in Orchard, NE has seen significant growth over the last year. The median value of a home in Orchard is $196,900, lower than the national average of $338,100. However, appreciation for homes in Orchard has been strong at 7.91%, only slightly lower than the national average of 8.27%. This indicates that housing in Orchard is an attractive investment and offers good value for money. The steady appreciation and relatively low median value make Orchard an ideal place to buy a home.
The median home cost in Orchard is $196,900. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Orchard is up 16.3%.
Average Age of Homes
- The median age of Orchard real estate is 60 years old
The Rental Market in Orchard
- Renters make up 14.7% of the Orchard population
- 0.0% of houses and apartments in Orchard, 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.