Red Cloud, NE is a small town with great potential for housing. The median value of houses in the area is $80,800, which is much lower than the US median value of $338,100. House appreciation in Red Cloud has been quite strong over the past year at 10.45%, higher than the national appreciation rate of 8.27%. This makes it an ideal area for those looking to invest in real estate or purchase a home. With its low prices and high returns on investment, Red Cloud offers an attractive option for buyers looking to enter the market.
The median home cost in Red Cloud is $80,800. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Red Cloud is up 15.2%.
Average Age of Homes
- The median age of Red Cloud real estate is 78 years old
The Rental Market in Red Cloud
- Renters make up 22.3% of the Red Cloud population
- 1.5% of houses and apartments in Red Cloud, 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.