The housing market in Scotia, NE is thriving, with the median value of homes currently at $108,900. This is significantly lower than the US median value of $338,100 and shows that real estate in Scotia is a great bargain. In the last year alone house appreciation has increased by 18.33%, more than double that of the US which only saw an appreciation rate of 8.27%. This makes now a great time to invest in real estate in Scotia with potential for increased value and appreciation.
The median home cost in Scotia is $108,900. Home appreciation the last 10 years has been 82.5%. Home Appreciation in Scotia is up 14.5%.
Average Age of Homes
- The median age of Scotia real estate is 66 years old
The Rental Market in Scotia
- Renters make up 17.9% of the Scotia population
- 2.9% of houses and apartments in Scotia, 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.