The housing market in North Loup, NE is experiencing a much higher appreciation rate than the national average. The median value of houses in North Loup is significantly lower than the national median, at $77,800 compared to $338,100. However, this lower median value has resulted in an impressive 18.33% house appreciation rate during the last year. This is almost double the US 1 year house appreciation rate of 8.27%. These figures demonstrate that North Loup is currently undergoing a period of rapid growth and increased demand for housing in the area.
The median home cost in North Loup is $77,800. Home appreciation the last 10 years has been 82.5%. Home Appreciation in North Loup is up 14.5%.
Average Age of Homes
- The median age of North Loup real estate is 78 years old
The Rental Market in North Loup
- Renters make up 20.0% of the North Loup population
- 0.0% of houses and apartments in North Loup, 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.