The housing market in Scandinavia, NE is thriving with a current median value of $302,700. This is significantly less than the U.S. House Median Value of $338,100, however, the 1 year house appreciation rate of 10.45% in Scandinavia is higher than the national average of 8.27%, indicating a strong and steadily rising housing market in this area. Homeowners can rest assured that their investments in real estate in Scandinavia will continue to increase over time as long as the local market remains healthy and prosperous.
The median home cost in Scandinavia is $302,700. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Scandinavia is up 15.2%.
Average Age of Homes
- The median age of Scandinavia real estate is 38 years old
The Rental Market in Scandinavia
- Renters make up 72.7% of the Scandinavia population
- 0.0% of houses and apartments in Scandinavia, 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.