The housing market in Galena, NE is flourishing. The median value of homes is currently $328,100, which is slightly lower than the US median value of $338,100. Furthermore, the house appreciation rate for Galena has been quite competitive in the past year, reaching 7.91%, just shy of the national average at 8.27%. These factors combined create a strong housing market for those looking to invest or purchase property in Galena and its surrounding areas.
The median home cost in Galena is $328,100. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Galena is up 16.3%.
Average Age of Homes
- The median age of Galena real estate is 78 years old
The Rental Market in Galena
- Renters make up 11.0% of the Galena population
- 0.0% of houses and apartments in Galena, 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.