Elba, NE has a median housing value of $90,100 which is well below the US median value of $338,100. Despite this difference in cost, the one year appreciation rate for homes in Elba, NE is significantly higher than that of the US overall at 18.33% versus 8.27%. This makes Elba an attractive option for those looking to invest in real estate with strong gains over the short-term.
The median home cost in Elba is $90,100. Home appreciation the last 10 years has been 82.5%. Home Appreciation in Elba is up 14.5%.
Average Age of Homes
- The median age of Elba real estate is 46 years old
The Rental Market in Elba
- Renters make up 27.6% of the Elba population
- 0.0% of houses and apartments in Elba, 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.