The housing market in May, NE is doing well with the median value of a house being $163,500. This number is significantly lower than the US House Median Value of $338,100 and is more affordable for those looking to purchase a home in the area. The 1 year House Appreciation in May, NE has also been positive at 10.45% which is higher than the US 1 year House Appreciation rate of 8.27%. This shows that houses in this area have increased in value over the past year and that this trend looks likely to continue into the future.
The median home cost in May is $163,500. Home appreciation the last 10 years has been 80.6%. Home Appreciation in May is up 15.2%.
Average Age of Homes
- The median age of May real estate is 75 years old
The Rental Market in May
- Renters make up 0.0% of the May population
- 0.0% of houses and apartments in May, 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.