Kearney, NE is a great place to invest in housing. The median value of homes in the area is $259,200, which is lower than the US House Median Value of $338,100. This means that buyers can expect to get more bang for their buck when purchasing property here. Additionally, while the US 1 year House Appreciation rate is 8.27%, house appreciation in Kearney has been much higher at 18.33%. This makes investing in housing here a smart move, as it should provide above average returns on investment over time.
The median home cost in Kearney is $259,200. Home appreciation the last 10 years has been 82.5%. Home Appreciation in Kearney is up 14.5%.
Average Age of Homes
- The median age of Kearney real estate is 39 years old
The Rental Market in Kearney
- Renters make up 39.8% of the Kearney population
- 2.1% of houses and apartments in Kearney, 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.