Elyria, NE has a housing median value of $163,600 which is significantly lower than the US median house value of $338,100. Despite this difference in cost, Elyria homes have appreciated faster over the past year with an increase of 18.33%, compared to the national average increase of 8.27%. This higher appreciation rate indicates that Elyria is a desirable location for homebuyers and may be an attractive option for those looking for a more affordable area to live in or invest.
The median home cost in Elyria is $163,600. Home appreciation the last 10 years has been 82.5%. Home Appreciation in Elyria is up 14.5%.
Average Age of Homes
- The median age of Elyria real estate is 51 years old
The Rental Market in Elyria
- Renters make up 20.0% of the Elyria population
- 0.0% of houses and apartments in Elyria, 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.