The housing market in Algernon, NE has been booming in the past year. The median value of housing is currently at $169,000, which is significantly lower than the US median value of $338,100. Despite this difference in median values, Algernon's house appreciation rate over the last year was 18.33%, which is much higher than the US rate of 8.27%. This rapid appreciation indicates a strong and desirable housing market for buyers and investors alike.
The median home cost in Algernon is $169,000. Home appreciation the last 10 years has been 82.5%. Home Appreciation in Algernon is up 14.5%.
Average Age of Homes
- The median age of Algernon real estate is 78 years old
The Rental Market in Algernon
- Renters make up 17.2% of the Algernon population
- 0.0% of houses and apartments in Algernon, 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.