Zip 68701 (Norfolk, NE) Housing

The housing market in 68701 Norfolk, Nebraska is quite strong compared to the national average. The median value of a house in this area is $218,700 which is significantly lower than the US house median value of $338,100. Despite this difference, the appreciation rate of houses in 68701 Norfolk has been very close to the national average - 7.91% compared to 8.27%. This shows that there is great potential for growth and investment in the housing market of this area.

The median home cost in Norfolk (zip 68701) is $218,700. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Norfolk (zip 68701) is up 16.3%.

Average Age of Homes

- The median age of Norfolk (zip 68701) real estate is 43 years old

The Rental Market in Norfolk (zip 68701)

- Renters make up 34.8% of the Norfolk (zip 68701) population
- 1.6% of houses and apartments in Norfolk (zip 68701), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Norfolk, Nebraska	United States
	13,573.0	139,647,020.0
	46	42
	$218,700	$338,100
	16.3%	16.6%
	48.5%	57.0%
	94.3%	101.1%
	$15.36	$10.98
	$2,566	$2,690
	62.0%	57.4%
	7.0%	11.2%
	31.0%	31.4%
Vacant Housing
	1.6%	1.9%
	1.0%	0.4%
	0.5%	0.7%
	0.5%	0.4%
	0.9%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	1.6%	2.4%
	3.1%	2.8%
	4.7%	3.9%
	6.4%	4.5%
	19.3%	11.3%
	22.8%	13.0%
	22.4%	20.1%
	7.7%	13.6%
	3.1%	8.3%
	2.9%	9.7%
	0.5%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	12.7%	13.6%
	14.5%	13.2%
	21.2%	14.8%
	12.7%	13.6%
	7.6%	10.0%
	4.6%	4.7%
	16.9%	12.2%

Reviews for Norfolk

See all (0)

Write a Review

Start Your Review of Norfolk

Commute