The housing market in Kearney, NE Metro Area is vibrant and thriving. The median value of a house in Kearney is slightly lower than the US median value, but the appreciation rate has been higher at 9.73% compared to 8.27% nationally. This indicates that the area has seen an increased demand for housing, likely due to its growing population and expanding industry sectors. With a higher appreciation rate and a median value that’s still reasonable, Kearney has become a great hub for potential homebuyers looking for property in the Midwest.
The median home cost in Kearney Metro Area is $252,100. Home appreciation the last 10 years has been 82.3%. Home Appreciation in Kearney Metro Area is up 14.6%.
Average Age of Homes
- The median age of Kearney Metro Area real estate is 41 years old
The Rental Market in Kearney Metro Area
- Renters make up 32.4% of the Kearney Metro Area population
- 1.3% of houses and apartments in Kearney Metro Area, 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.