The housing market in Spencer, NE (68777) is very affordable compared to the US median value. The median value of a house in Spencer is $128,800 compared to the national median of $338,100. House appreciation over the past year has been 7.91% for Spencer compared to 8.27% nationally. This demonstrates that home values are still increasing in this area although at a slightly lower rate than across the country as a whole. With such affordable prices and strong appreciation, now is a great time to purchase property in Spencer, NE!
The median home cost in Spencer (zip 68777) is $128,800. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Spencer (zip 68777) is up 16.3%.
Average Age of Homes
- The median age of Spencer (zip 68777) real estate is 59 years old
The Rental Market in Spencer (zip 68777)
- Renters make up 12.9% of the Spencer (zip 68777) population
- 1.0% of houses and apartments in Spencer (zip 68777), 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.