The housing market in Benkelman, NE is quite strong compared to the national average. The median value of homes in Benkelman is around $103,300, which is significantly lower than the US House Median Value of $338,100. In addition to a lower cost of living, Benkelman has also seen a higher growth rate in home appreciation compared to the national average over the last year. Home values have increased by 10.45% over the last year while the US 1 year House Appreciation is 8.27%. This demonstrates that Benkelman has been experiencing steady growth and stability in its housing market for some time now and could make it an attractive option for potential buyers.
The median home cost in Benkelman is $103,300. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Benkelman is up 15.2%.
Average Age of Homes
- The median age of Benkelman real estate is 65 years old
The Rental Market in Benkelman
- Renters make up 25.2% of the Benkelman population
- 2.0% of houses and apartments in Benkelman, 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.