Housing in Royal, NE is very affordable, with a median value of $107,600. While this is substantially lower than the US House Median Value of $338,100, Royal still saw a 7.91% increase in its 1 year House Appreciation rate; close to the US rate of 8.27%. Royal offers housing at a much more affordable price point compared to other areas of the country- making it an attractive choice for those looking for a new home.
The median home cost in Royal is $107,600. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Royal is up 16.3%.
Average Age of Homes
- The median age of Royal real estate is 72 years old
The Rental Market in Royal
- Renters make up 34.5% of the Royal population
- 0.0% of houses and apartments in Royal, 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.