Reading, NE is a great place to invest in housing. The median value of houses in the area is currently at $161,900, which is far lower than the US national median value of $338,100. The appreciation rate for the past year has been 10.45%, higher than the US average appreciation rate of 8.27%. This makes it an ideal place to invest and purchase a home right now, as it looks like values will continue to go up in the near future.
The median home cost in Reading is $161,900. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Reading is up 15.2%.
Average Age of Homes
- The median age of Reading real estate is 70 years old
The Rental Market in Reading
- Renters make up 8.9% of the Reading population
- 1.6% of houses and apartments in Reading, 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.